The crypto exchange plans to use the funds to expand its activities in tokenization and derivatives. These are the first institutional investments in Crypto.com since its founding. Previously, the project raised $26.7 million in an ICO in 2017. In November 2025, Citadel also invested $200 million in its competitor, the crypto exchange Kraken. Its valuation was also $20 billion. Crypto.com is linked to Trump. It contributed $38.6 million to a super PAC associated with the president’s midterm campaign. In addition, in 2025, Trump Media bought 2% of the supply of the platform’s CRO token. In return, Crypto.com purchased $50 million worth of the company’s shares. The two companies are also connected through the launch of prediction markets.