Citi opens new route into private markets with tokenized share offering

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Citi opens new route into private markets with tokenized share offering

60-second summary

Citi is leveraging blockchain technology to tokenize share offerings, connecting investors with private company equity through digital depositary receipts. The bank is expanding its reach into private markets, offering a new route for investors to access these assets. This move is expected to increase liquidity and accessibility for private company shares, potentially disrupting traditional investment channels.

The bank said it is using blockchain technology to connect investors with private company equity through digital depositary receipts.