(Bloomberg) -- Ken Griffin’s market-making giant Citadel Securities is looking to become a liquidity provider for cryptocurrencies, betting President Donald Trump’s embrace of the industry will usher in a boom for the asset class. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs V
Bridge Investment Group Holdings shares took off Monday as the real-estate investment firm agreed to be purchased by Apollo Global Management for $1.5 billion.
The crypto industry is experiencing a wave of positive developments, from the SEC dropping cases against Coinbase and Robinhood to crypto ETFs edging closer to approval. Yet, the market remains in the red, adopting a wait-and-see approach as it anticipates a major catalyst for movement.