Citadel Securities takes in $1.15B investment from Sequoia and Paradigm -Breaking
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Citadel Securities AnnouncementParadigm, Sequoia and Paradigm invested $1.15billion in market maker to bring its total value up to $22billion. The partnership with Paradigm, a Web3-focused investor, signaled Citadel Securities’ shift toward new asset classes such as crypto.
Sequoia Heritage and Sequoia Capital Global Equities invested in the Round. Sequoia will now have a seat on Citadel Securities Board of Directors, which is also for Sequoia Partner Alfred Lin.
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