Banking giant Citigroup launched a new service called Citi Token Services that transforms customer deposits into digital tokens that can be sent instantly worldwide.
Citibank (C) has been appointed by Arm Holdings plc (NASDAQ:ARM) to act as depositary bank for its initial public offering of Arm’s American Depositary Shares representing its...
Citigroup (NYSE:C) has announced the creation and pilot testing of its blockchain-based Citi Token Services, according to a press release on Monday. The initiative is housed...
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority.
In the latest development in the ongoing competition between traditional banking institutions and tech giants, major American banks are preparing to introduce a mobile wallet,...
Citigroup Inc (NYSE:C).'s Securities Services has announced its participation as the first digital custodian in the BondbloX Bond Exchange (BBX), a move that promises to...
Reuters reported Friday that as Citigroup (NYSE:C) launches its "sweeping reorganization," compliance and risk management support staff are some of the most likely to lose...