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Citi
Citi, Switzerland’s SDX Join Forces to Tokenize $75B Pre-IPO Shares Market
Citi will act as a custodian and issuer agent for tokenized assets on SDX’s digital Central Securities Depository (CSD) platform.

Stablecoins Could Bring 'ChatGPT' Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi
Stablecoin issuers could become one of the top U.S. Treasury holders, surpassing major sovereign nations, the report projected.

U.S. Crypto Strategic Reserve More Likely, Further Details Needed: Citi
The President announced that XRP, SOL, BTC, ETH and ADA would be included in the strategic reserve.

Booming Crypto Trading Powers Robinhood Earnings Beat, Analysts Raise Targets
Robinhoood shares jumped 13% in early trading Thursday after fourth-quarter earnings beat estimates.

Ether Has Underperformed, but Total Value Locked on Ethereum Is Rising: Citi
Ether has dropped over 20% this year, but fundamentals are improving, the report said.

Equities-Crypto Relationship Is Likely to Weaken in the Long Term, Citi Says
The correlation between bitcoin and the stock market is expected to weaken as the adoption of digital assets grows, the report said.

Crypto Markets Have Benefited From a Positive Environment Since U.S. Election: Citi
The nomination of crypto-friendly Paul Atkins as chair of the SEC provided the final boost that propelled bitcoin through the $100,000 level, the report said.

Citigroup, Fidelity International Unveil Proposal for On-Chain Fund With Real-Time FX Swaps
Their proof-of-concept aims to boost liquidity and efficiency in multi-currency transactions.

BlackRock Buys More MicroStrategy Shares; Citi Debanked Ripple's Brad Garlinghouse
Bitcoin is back above $67,000 as the Fed latest Beige Book survey of economic conditions hinted at further rate reductions in the coming months. Plus, BlackRock buys more MicroStrategy shares and Ripple CEO Brad Garlinghouse shares how he was debanked by Citigroup. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

Republican Sweep in U.S. Election Would be the Most Bullish Outcome for Coinbase and the Crypto Market: Citi
Republican control of the Senate would be key to passing bills such as FIT21 and appointing pro-crypto agency leaders, and digital asset reform would likely happen sooner with both chambers aligned, the report said.
