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Citadel Securities raises $1.15 billion from Sequoia Capital and Paradigm

Stock trading giant Citadel Securities announced Tuesday that it has raised $1.15 billion in a funding round backed by Sequoia Capital and crypto VC firm Paradigm. This is Citadel Securities’ first-ever external funding round. Sequoia invested in the company through its three funds — Sequoia Heritage, Sequoia Capital Global Equities, and the Global Growth Fund. As part of the deal, Sequoia Capital partner Alfred Lin, will also join Citadel Securities’ board of directors. Citadel Securities and Citadel, a hedge fund, …