Tag "Citi"
Citi Collaborates to Explore Tokenization of Private Markets
Citi has announced that it has successfully completed a proof of concept on tokenization of private funds along with Wellington Management and WisdomTree. The proof of concept, which was conducted on the Avalanche Spruce institutional test Subnet, found that smart-contract
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Money20/20 Europe Unveils Speaker Lineup
Money20/20 unveils its agenda for the upcoming Europe show in Amsterdam, June 6-8th. Over 300 speakers are expected to join Money20/20 Europe this year. They include top executives from global banks including HSBC, Barclays, Deutsche Bank, NatWest, and Citi; cutting
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UK’s Banked Gets US$15M Series A Extension to Fuel US Expansion
London-based payments company Banked has raised over US$15 million in a Series A extension round, led by global software investor Insight Partners, following a Series A earlier this year led by Bank of America. Citi, National Australia Bank Ventures, and
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SWIFT and Capgemini Successfully Interlink CBDCs for Cross-Border Payments
SWIFT and Capgemini have achieved CBDC-to-CBDC transactions between different distributed ledger technology networks based on Quorum and Corda technologies, as well as fiat-to-CBDC flows between these networks and a real-time gross settlement system. The experiment showed that the blockchain networks
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Citi Partners With Metaco to Develop Institutional Digital Asset Custody Capabilities
Citi announced yesterday that it has selected Switzerland-based METACO to develop and pilot digital asset custody capabilities. This collaboration brings together METACO’s technology and digital solutions with Citi’s expansive custody network to develop a platform to enable clients to store
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This Blockchain Network by IBM & CLS Aims to Unify the Fragmented Financial Sector
The current capital market is saturated with multiple systems performing the same functions. Adding to the issue is they’re doing it with siloed pockets of data that require expensive reconciliation processes. Therefore, it becomes increasingly crucial for the financial sector
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10 Disruptive Innovations
Smart Box, Big Data, robotics and contextual commerce are some of the newest concepts that could potentially disrupt the marketplace, according to a new report by Citi. In a paper titled ‘Disruptive Innovations IV,’ Citi’s global research team analyzes ten
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