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Citigroup debuts Citi Token Services, which turns deposits into tokens that can be sent internationally, in a push to offer institutional clients digital assets

Bloomberg Jennifer Surane

Discussion

  • @thinkingcrypto1 Tony Edward on x
    Citi Bank is launching a wall garden token. It was recently reported JPMorgan was looking into building a digital deposit token. See what is happening folks? Disruption is at their doorsteps, they are deparately trying to avoid disruption by utilizing blockchain and building...
  • @wublockchain Wu Blockchain on x
    Citigroup launches deposit Citi Token Services for institutional customers. This product will be based on a private blockchain controlled by the bank, converting customer deposits into digital tokens that can be sent instantly. Customers do not need to set up their own digital...
  • r/ethtrader r on reddit
    Banking giant Citibank will transform customers deposits into digital «Citi Tokens» that can be sent instantly anywhere in the world.