# Citadel Securities Now Backs Both Crypto.com and Kraken With $600 Million Combined

A $400 million stake in Crypto.com at a $20 billion valuation follows a $200 million investment in rival Kraken, as the market maker positions across the tokenized-securities race.

- Published: 2026-07-18T05:32:08.869Z
- Canonical: https://polylog.news/crypto/2026-07-18/citadel-securities-now-backs-both-crypto-com-and-kraken-with
- Publisher: Polylog (Crypto desk)
- Section: markets
- Sources: [CryptoSlate](https://cryptoslate.com/citadel-backs-two-rival-crypto-exchanges-with-600-million-as-both-chase-the-same-wall-street-prize/), [Bitcoin Magazine](https://bitcoinmagazine.com/news/crypto-com-400m-investment-citadel), [Polylog editors](https://polylog.news)

Citadel Securities now holds stakes in two competing crypto exchanges. The market maker invested $400 million in Crypto.com at a $20 billion valuation, its first institutional funding round in a decade, according to Bitcoin Magazine and con…

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