Citi is enabling near real-time, 24/7 cross-border USD payments for corporate & institutional clients.
Private markets are becoming an increasingly important part of the investment landscape.
17 banks from six continents will pilot live transactions using tokenised deposits.
Trusted market infrastructure will serve as a critical foundation for institutional adoption.
The move marks a major expansion of Citi's precious metals business.
Secured General Collateral notes are a step forward for Canada's short-term funding & collateral markets.
EURXT has been used to subscribe into a tokenised Amundi money market fund.
The pilot shows how institutional access to digital asset credit intermediation could evolve.
OCC reported cumulative trading revenue rose 5.6% from a year ago.
