Wu Says he learned that Crypto.com announced that it has received a strategic investment of $400 million from Citadel Securities, valuing the company at $20 billion. This is the first institutional funding it has raised since its founding in the past ten years. Crypto.com said that this round of funding is expected to be used to accelerate the expansion of asset classes such as tokenized securities and derivatives, and to drive the connection between the digital asset market and traditional financial markets.