Tag: Citi

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JPMorgan, Citi, UBS test tokenized cross-border payments in BIS pilot

Some of the world's biggest banks have completed real cross-border payments using tokenized money in a test led by the Bank for International Settlements...

Citi opens new route into private markets with tokenized share offering

The structure is based on depositary receipts, a longstanding financial product that allows investors to gain exposure to shares through a bank-issued security. Citi...

Major US Banks Including JPMorgan, Citi and BofA Plan Shared Tokenized Deposit Network

JPMorgan, Citi, Bank of America, Wells Fargo, and more than a dozen peers have announced a joint initiative to put commercial bank deposits onchain,...

ETF flows, not Strategy’s sale, remain key bitcoin driver: Citi

Strategy's (MSTR) recent bitcoin BTC$66,681.35 sale has had an outsized impact on market sentiment, but Wall Street bank Citi does not see the move...

Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030

Putting real-world investments onchain, a process called tokenization, is moving out of the testing phase and into everyday business.Citi’s new report Tokenization 2030: Wall...

Citi exec says fragmented crypto systems risk repeating old banking problems

Miami Beach, FL — Tokenized money will fail to deliver on its promise if it remains siloed within individual banks, according to Ryan Rugg,...

Former Google exec named as Citi CIO

US bank Citi has appointed a former Google executive as its chief information officer (CIO).EditorialThis content has been selected, created and edited by the...

Citi Says Mixing Bitcoin With Gold Can Boost Your Portfolio Performance

Citi analysts say holding both gold and bitcoin can improve portfolio performance compared with traditional bond-and-equity mixes. In a new report cited...

Citi says stablecoin rewards restrictions could slow Circle’s USDC, not stop it

Wall Street bank Citi says proposed limits on stablecoin rewards in the latest draft of U.S. market structure legislation would be a setback for...

Citi Plans 2026 Bitcoin Integration With Traditional Finance

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Citibank executive has announced the firm’s plan to introduce infrastructure “to...

Citi wants to make bitcoin bankable as Wall Street builds native crypto infrastructure

Citigroup (C) plans to launch institutional bitcoin custody later this year, part of a broader push to integrate digital assets into the bank’s traditional...

Citi Wants To Bring Bitcoin Into Traditional Finance

Citi is preparing to introduce infrastructure that integrates Bitcoin into traditional financial systems, a bank executive said Thursday.  The initiative, introduced by...