Citadel Securities Closed $1.15 Billion Financing Led by Sequoia Capital

TokenInsight news, Citadel Securities, a leading global market maker, has closed a $1.15 billion round of funding at a $22 billion valuation, led by Sequoia Capital with participation from Paradigm, Sequoia Heritage and others. Alfred Lin, a partner at Sequoia Capital, will join Citadel Securities' board of directors. Citadel Securities provides both institutional and retail investors with the liquidity they need to execute transactions across a broad array of equity and fixed income products. Its institutional business serves more than 1,600 clients, including many of the world's sovereign wealth funds and central banks.