Citibank explores tokenization of private equity funds
Citibank’s proof of concept proved it’s possible to issue tokenized versions of private equity funds and remain compliant and compatible with existing banking systems.
Citibank’s proof of concept proved it’s possible to issue tokenized versions of private equity funds and remain compliant and compatible with existing banking systems.
Citi Token Service will tokenize client deposits so they can be instantly sent anywhere in the world via smart contracts to automate the trade process.
The exchange filed an application with a New York court seeking to subpoena Citibank and Bank of America to produce documents for use in its court battle in Denmark.
Citigroup have given up on their plans for a ‘Citicoin’ crypto payment solution, realizing that there are already better solutions, like Bitcoin SV.
Symbiont.io Inc., the blockchain and smart contract developer, has completed a $20 million funding round from Nasdaq Inc. and Citigroup Inc.
Bank of America, Citibank and JP Morgan have all put restrictions on their users' credit cards to prohibit them from being used for buying digital currency.