CoinVoice recently learned that according to Unchained, a year ago, Citibank launched two pilot-mode tokenized deposit solutions. The Citi Cash Token Service enables businesses and institutions to transfer funds between Citi branches around the world around the clock. The service is now in commercial use, and Mars is one of the first customers.
The second solution, Citi Token Services for Trade, is still in pilot mode and is conducting new pilot transactions with shipping agents CB Fenton and GAC Panama Shipping. [Original link]