CBDCs offer faster settlements: Citi survey of global securities firms
The year-on-year growing support CBDCs is supported by ongoing domestic pilots and cross-border initiatives in various j...
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Coinbase stock will be ‘weighed down’ until US rules are clear: Citi
The investment bank downgraded Coinbase stock to "Neutral" amid the exchange's ongoing battle with U.S. regulators.
‘Killer use case’: Citi says trillions in assets could be tokenized by 2030
The bank predicts the private equity market to become the most “tokenized” asset class because it is more liquid and can...
Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% o...
Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner
The crypto economy continues to lure top talent from Wall Street. Matt Zhang becomes the latest industry veteran to jump...
Citi Group appoints head of digital assets in crypto hiring spree
The new head of digital assets at Citi’s institutional branch will focus on pursuing connections and investments with cl...
Citi Scraps Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency
Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier...
IBM, Barclays and Citi Team Up to Launch Blockchain App Store for Banks
Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software gian...
