How Citadel's Griffin Set Up a Second Giant Business

The transcript discusses the success of Citadel Hedge Fund and the creation of Citadel Securities, highlighting the evolution of market trading from manual to electronic processes. It covers the ownership structure of Citadel, the partnership with Sequoia, and the potential for Citadel Securities to go public. The discussion also touches on the possibility of entering the cryptocurrency market, despite initial skepticism, due to its significant market capitalization.

What is the significance of Citadel managing 25% of the US equity flow?

How does Citadel's ownership structure differ from many partnerships?

What challenges does Citadel face in considering entering the cryptocurrency market?