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With crypto landmines to fear greater than each other, Schwab and Fidelity co-invest in a cryptocurrency mega-startup with Citadel, Virtu and VCs Sequoia and Paradigm

The discount brokerage super-rivals are investing in a market maker venture with fellow [crypto retail] come-latelies, Virtu and Citadel -- a sign that the crypto winter hasn't chilled big investment in digital assets, even if liquidity occasionally freezes up.

Author Oisin Breen June 30, 2022 at 1:49 AM
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Jamil Nazarali starts July as CEO of the Fidelity-Schwab-Citadel et al. venture.

Fidelity

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Bitcoin

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Charles Schwab & Co.



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