🚀Citibank explores tokenized securities on #blockchain!💥

- Partnered with Wellington Management & WisdomTree for a "proof of concept"

- Tokenized a hypothetical private equity fund on Avalanche

- Tested fund distribution rules & loan collateral use

What's next for #DeFi?🤔 Share your thoughts!👇

- Citibank's simulation shows compatibility with legacy banking systems

- Former execs plan to issue Bitcoin Depository Receipts (BTC DRs)

- Tokenized securities market cap at $489M & growing

Are we witnessing a financial industry game-changer?🌐 Discuss below!✍️