Citigroup is expanding its digital asset services by becoming the first digital custodian for the BondbloX Bond Exchange and launching a pilot program for digital deposits. 🌐🔐
The collaboration with BondbloX will allow Citigroup clients to access bond trading on BBX. In addition, Citigroup will introduce settlement and custody services.
Citigroup is also launching the Citi Token Services program, which converts customer deposits into digital tokens, enabling instant global transfers based on blockchain systems. This will meet the needs of institutional clients, including a 24-hour international payment service with high liquidity.