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What's Driving Goldman Sachs And Citadel Into Crypto? The $135M Digital Asset Funding Round Explained
Tuesday, June 24, 2025 - 7:35am | 479Digital Asset, the developer behind the Canton Network, has raised $135 million in a funding round backed by major Wall Street players including Goldman Sachs (NYSE:GS) and Citadel Securities, alongside leading crypto investors. The round, led by DRW Venture Capital and Tradeweb Markets, signals...
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Lawsuit Against Keith Gill Voluntarily Dismissed: What's Going On With GameStop Stock?
Monday, July 1, 2024 - 5:31pm | 426GameStop Corp (NYSE:GME) shares are trading slightly higher after-hours Monday after the class-action lawsuit against Keith Gill, also known as Roaring Kitty, was voluntarily dismissed by the plaintiff. The Details: According to a court filing, the plaintiff, Martin Radev, filed to voluntarily...
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Bye-Bye NYSE, Nasdaq? Wall Street Bigwigs BlackRock, Citadel Securities Lead Charge For New 'Apolitical,' 'CEO-Friendly' Stock Exchange In Texas
Wednesday, June 5, 2024 - 2:29am | 666Wall Street’s biggest fund managers are reportedly preparing to challenge the dominance of the New York Stock Exchange — owned by Intercontinental Exchange, Inc. (NYSE:ICE) — and Nasdaq (NASDAQ:NDAQ). What Happened: A group led by BlackRock, Inc. (NYSE:BLK), the world’s largest asset...
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Donald Trump May Soon Receive An Additional $1.26B In DJT Shares: Key Milestone Ahead (UPDATED)
Tuesday, April 23, 2024 - 8:17am | 921Editor’s Note: The headline and lede of this article have been updated to highlight the value of the 36 million DJT shares Donald Trump may receive. Former President Donald Trump stands to gain $1.26 billion worth of additional shares in Trump Media & Technology Group (NASDAQ:DJT) if the...
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Republican Donor Ken Griffin Not Backing Ron DeSantis, Calls Battle With Disney 'Pointless'
Monday, September 18, 2023 - 2:56pm | 882One of the biggest donors to the Republican party is sitting out and not making large donations ahead of the primary race ahead of the 2024 presidential election. Here’s a look at why Ken Griffin isn’t impressed with alternates to Donald Trump for the GOP nomination. What Happened:...
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Ken Griffin Cautious About Economy: 'I'm A Bit Anxious We're Sort Of In The 7th Or 8th Inning Of This Rally'
Thursday, September 14, 2023 - 12:42pm | 727Hedge fund manager Ken Griffin is known for his takes on the economy and recent fears that a recession could happen. Here’s how Griffin saw things standing now and where they could go. Griffin on Economy: Griffin said he was anxious about the current stock market rally. Griffin, who...
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Institutional-Only Crypto Exchange EDX Markets Debuts With Support From Major Financial Firms
Tuesday, June 20, 2023 - 4:51pm | 647EDX Markets, a crypto exchange exclusively for institutional investors, has launched with the backing of big financial players like Citadel Securities, Fidelity Digital Assets, and Charles Schwab Corp (NYSE: SCHW). This development has the potential to transform the cryptocurrency sector,...
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Citadel's Ken Griffin Among Elon Musk's Financial Backers In $44B Twitter Buyout: Report
Thursday, October 20, 2022 - 11:33pm | 456Ken Griffin, the billionaire founder of Citadel Securities, reportedly committed millions to Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's buyout of Twitter Inc (NYSE: TWTR), but it remained undisclosed. What Happened: Griffin pledged approximately $...
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Citadel Founder Ken Griffin-Backed Candidate Loses Republican Primary In Illinois Governor Race
Wednesday, June 29, 2022 - 7:02am | 554Citadel Securities founder Ken Griffin's $50 million bet on a candidate in the Republican gubernatorial primary in Illinois has not paid off. What Happened: Aurora, Illinois, Mayor Richard Irvin lost to State Sen. Darren Bailey on Tuesday night, reported NBC 5...
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Citadel And Virtu Hone Crypto Executions For Retail Brokerages
Tuesday, June 7, 2022 - 10:47pm | 207Citadel Securities, alongside Virtu Financial Inc (NASDAQ: VIRT) and venture capital firms Sequoia Capital and Paradigm, is building a cryptocurrency trading ecosystem. With this, retail brokers would be able to offer better crypto-execution to customers. Why It Matters: Fidelity...
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SEC Chair Gensler Could Restrict Payment For Order Flow This Week: What Investors Need To Know
Tuesday, June 7, 2022 - 12:38pm | 600GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) traders at the epicenter of the meme stock trading frenzy in 2021 could get a big update this week on the way brokers like Robinhood Markets Inc (NASDAQ: HOOD) are allowed to run their businesses. On Wednesday, U.S....
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Did Citadel Just Troll AMC? Here's What Some Apes Have To Say
Thursday, May 12, 2022 - 12:30pm | 609The beef between Citadel and the AMC Entertainment Holdings Inc (NYSE: AMC) apes is bananas. What To Know: A year ago, the retail trading crowd created an unprecedented market frenzy around AMC and GameStop Corp (NYSE: GME). Groups of traders flooded social media platforms...
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Ken Griffin 'Still Waiting' For Crypto To Make World Better But Says Citadel Will Be 'More Involved'
Tuesday, May 3, 2022 - 1:38am | 429Ken Griffin, the billionaire founder of Citadel Securities, is still skeptical about cryptocurrency. What Happened: Speaking to Bloomberg editor Erik Schatzke at the Milken Institute Global Conference in Beverly Hills on Monday, Griffin revealed that crypto is the “great hotspot topic of...
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Citadel Securities Will Engage In Crypto This Year: Ken Griffin
Wednesday, March 2, 2022 - 10:58am | 375Kenneth Griffin, the founder and CEO of the hedge fund Citadel and founder of the market maker Citadel Securities, says the latter firm is likely to move into market making for cryptocurrencies this year. What Happened: Griffin said in an interview with Bloomberg he was wrong about...
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David Vs. Goliath Fight Spills From GameStop To The US Constitution
Wednesday, November 24, 2021 - 6:19pm | 802A stock market David vs. Goliath story occurred in 2021 with retail investors facing off against hedge funds. The battle saw rising valuation of stocks that included GameStop Corp (NYSE: GME) and AMC Entertainment (NYSE: AMC) and a battle of short sellers. The David vs. Goliath battle has now...