Citadel, the hedge fund, will explore market-making in cryptocurrencies in the coming months
Citadel will explore market making in cryptocurrencies in the coming months, Citadel founder and CEO Kenneth Griffin said on March 1, Bloomberg reported. Kenneth Griffin said cryptocurrencies are one of the great stories of finance in the last 15 years and we have to seriously consider becoming cryptocurrency market makers in terms of helping institutions and investors solve their portfolio allocation problems. In the next few months, you may see us in the crypto market making business.
In November 2021, Kenneth Griffin defeated cryptocurrency group ConstitutionDAO to win a copy of the U.S. Constitution.