Citi has reportedly launched a blockchain-based marketplace for tokenized depositary receipts tied to private company shares. The move reflects Wall Street’s growing interest in tokenized assets and blockchain-based market infrastructure.
Citi has reportedly launched a blockchain-based marketplace for tokenized depositary receipts tied to private company shares. The move reflects Wall Street’s growing interest in tokenized assets and blockchain-based market infrastructure.
Citi has reportedly launched a blockchain marketplace designed to offer tokenized depositary receipts of private company shares, according to Cointelegraph. The platform marks another step by the US banking giant into blockchain-based financial products.
Citi has reportedly launched a blockchain marketplace designed to offer tokenized depositary receipts of private company shares, according to Cointelegraph. The platform marks another step by the US banking giant into blockchain-based financial products.
The development matters because private company shares are typically harder to access and trade than public equities. By using tokenized depositary receipts, Citi’s marketplace points to a model where blockchain infrastructure could be used to represent exposure to private shares in a more digital format.
The report frames the launch within a broader shift on Wall Street, where major financial institutions are increasingly exploring tokenized assets. Tokenization refers to representing assets or asset-linked instruments on a blockchain, a structure that traditional finance firms have been testing across different markets.
For crypto readers, Citi’s move is notable because it connects blockchain technology with private-market finance rather than purely crypto-native assets. It also shows how large banks are continuing to evaluate blockchain rails for products aimed at institutional and market participants.
The source did not provide additional details on pricing, participating companies, launch timing, or investor access terms. As a result, the main takeaway is the reported creation of the marketplace and its role in the wider institutional push toward tokenized financial assets.
Keep exploring
The latest State of Crypto update says the industry has two weeks left in the push for the Clarity effort. The development keeps attention on U.S. crypto policy as companies and market participants watch for regulatory direction.
Read
Russia’s biggest bank says it plans to create cryptocurrency trading infrastructure by Dec. 1, as the country moves toward setting rules for market participants. The development comes alongside plans to allow crypto assets to be used in foreign trade operations.
Read
Thinking Machines Lab has released Inkling, its first model after two years of silence, and it is now available on OpenRouter. The model’s MCP score appears strong, though its price-to-performance case is more complex.
Read