Citigroup Launches Deposit Citi Token Services for Institutional Clients!

Creator: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

Sep 18, 2023 20:32

Citigroup has launched its new product, Deposit Citi Token Providers, which permits institutional prospects to transform their deposits into digital tokens utilizing a personal blockchain managed by the financial institution. The tokens could be despatched immediately, eradicating the necessity for patrons to arrange their very own digital wallets. Deposits could be accessed by way of the financial institution’s current techniques, making it a straightforward and environment friendly resolution for patrons. This transfer highlights the rising pattern of conventional monetary establishments adopting blockchain expertise to modernize their companies!