Search results for Citadel
AI & Enterprise
Hedge fund Situational Awareness invests $400 million in chip startup Source Foundry
AI-focused hedge fund Situational Awareness invested $400 million in chip startup Source Foundry. TechCrunch reported on Aug. 9 that Source Foundry was founded by Stanford researchers and aims to make semiconductor manufacturing faster and cheaper. Situational Awareness has continued making large investments despite recent losses. It sold most of its public portfolio to Ken Griffin’s Citadel last month but kept its stake in Anthropic. Assets under management reportedly fell from $20 billion to $10 billion.
Crypto
Digital Asset raises additional $10 million from Shinhan Financial, SC Ventures
Digital Asset, developer of the Canton blockchain, has raised an additional $10 million from South Korea’s Shinhan Financial Group and Standard Chartered’s SC Ventures. TheBlock reported the investment increased the company’s ongoing funding round to $365 million from $355 million, at the same $2 billion valuation as the previous round. Digital Asset last month announced a $355 million fundraising led by a16z crypto with participation from major institutions.
Crypto
Citadel Securities invests $400 million in Crypto.com, valuing it at $20 billion
Crypto.com has raised $400 million in investment from Citadel Securities, valuing the company at $20 billion. Crypto.com said it plans to use the funds to expand across all asset classes, including tokenised securities and derivatives. Crypto.com co-founder and CEO Kris Marszalek said it would continue to work with Citadel Securities to push for the institutional adoption of the cryptocurrency industry.
-
AI & Enterprise
Anthropic appoints former Fed chair Bernanke to AI oversight body
-
Crypto
EDX Markets raises $76 million in SBI Holdings-led Series C round
-
Crypto
SK Hynix tokenisation in focus ahead of ADR Nasdaq listing
-
Crypto
Solayer launches mainnet for onchain perpetual futures platform Margin Trade
-
Crypto
Digital Asset raises $355 million led by a16z at $2 billion valuation
-
AI & Enterprise
Citadel CEO warns AI threatens even PhD-level jobs as Musk amplifies remarks
-
Crypto
U.S. SEC considers allowing trading of stock tokens without listing company consent, innovation exemption near release
-
Crypto
Ripple enters top 10 in U.S. private unicorn index, alongside SpaceX and OpenAI
-
Crypto
Ripple CEO says XRP now used as institutional collateral, signalling broader real-world use
-
Crypto
HBO\'s John Oliver targets prediction markets, says manipulation is too easy and regulation is a void
-
Crypto
Charles Schwab and Citadel Securities eye entry into prediction markets
-
Crypto
U.S. CLARITY Act controversy grows, industry fears expanded financial surveillance
-
Finance
Citadel Securities sees stock, bond rally as worst-case Iran risk fades
-
Crypto
Wall Street-backed crypto exchange EDX Markets applies for bank charter to expand custody, settlement services
-
Crypto
Bridgewater stands out as Iran crisis roils hedge fund market