Citi has reportedly launched a blockchain-based marketplace for tokenized depositary receipts tied to private company shares. The move reflects Wall Street’s growing interest in tokenized assets and blockchain-based market infrastructure.
Citi has reportedly launched a blockchain-based marketplace for tokenized depositary receipts tied to private company shares. The move reflects Wall Street’s growing interest in tokenized assets and blockchain-based market infrastructure.
Citi has reportedly launched a blockchain marketplace designed to offer tokenized depositary receipts of private company shares, according to Cointelegraph. The platform marks another step by the US banking giant into blockchain-based financial products.
Citi has reportedly launched a blockchain marketplace designed to offer tokenized depositary receipts of private company shares, according to Cointelegraph. The platform marks another step by the US banking giant into blockchain-based financial products.
The development matters because private company shares are typically harder to access and trade than public equities. By using tokenized depositary receipts, Citi’s marketplace points to a model where blockchain infrastructure could be used to represent exposure to private shares in a more digital format.
The report frames the launch within a broader shift on Wall Street, where major financial institutions are increasingly exploring tokenized assets. Tokenization refers to representing assets or asset-linked instruments on a blockchain, a structure that traditional finance firms have been testing across different markets.
For crypto readers, Citi’s move is notable because it connects blockchain technology with private-market finance rather than purely crypto-native assets. It also shows how large banks are continuing to evaluate blockchain rails for products aimed at institutional and market participants.
The source did not provide additional details on pricing, participating companies, launch timing, or investor access terms. As a result, the main takeaway is the reported creation of the marketplace and its role in the wider institutional push toward tokenized financial assets.
Keep exploring
Bitget plans to exit the Japanese market and close all remaining positions by the end of the year. The move adds to ongoing shifts among crypto companies navigating Japan’s regulatory environment.
Read
CoinDesk’s State of Crypto coverage counts down recent developments shaping the crypto policy and market landscape. The report frames these changes as important for how companies and participants navigate the sector.
Read
Strategy said it is holding the dividend on its STRC preferred stock at 12%. The decision keeps the payout unchanged for investors in the company’s yield-focused security.
Read