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Citi Developing Token Services for Institutional Clients

Citi announced recently it's developing a tokenization service for cash management and trade finance for institutional clients using blockchain technology and smart contracts. Ryan Rugg and Stephen Randall from Citi's Treasury and Trade Solutions discuss the move and what kind of interest they are seeing from institutional clients.

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Singapore's Central Bank Presents Design Framework for Interoperable Digital Asset Networks

Singapore's central bank is proposing ways to design open, interoperable networks for tokenized digital assets. "The Hash" panel discusses the framework presented by the Monetary Authority of Singapore (MAS), as banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across wealth management, fixed income and foreign exchange.

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CBDCs Will Be a 'Trojan Horse': Citi's Future of Finance Global Head

In a recent report, Citi analysts suggest that the next influx of crypto adoption will be primarily driven by the rise of central bank digital currencies (CBDCs). Ronit Ghose, Future of Finance Global Head at Citi, discusses the report saying, "we think CBDCs will be a trojan horse, it will be coming from the side or backdoor."

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Citi's Future of Finance Global Head Addresses Future of CBDCs

A recent report from Citi speaks to the promised potential of blockchain and central bank digital currencies (CBDCs), and how it will be measured in "billions of users and trillions of dollars." Citi Future of Finance Global Head Ronit Ghose discusses the future of CBDCs and digital finance, explaining why CBDCs are "going to be a Trojan horse."

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Trust Is Gained Over Time but Lost in an Instant: Analyst

Tokens related to cryptocurrency exchange FTX, including FTT and Solana (SOL), have fallen sharply amid contagion fears. Citi Digital Asset Analyst Joe Ayoub said "that's largely because of a lack of trust from users in these projects that are related to Sam [Bankman-Fried]."

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Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal

Bitcoin (BTC) dropped to its lowest level in two years on Wednesday as traders processed the news that Binance retreated from an earlier plan to buy troubled exchange FTX. Citi’s Digital Asset Analyst Joe Ayoub discusses the performances of BNB and FTT tokens and other players affected by the FTX crisis. Plus, an outlook on the stumbling market.  

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Finanças

Citi Ventures підтримує свого першого менеджера цифрових активів, який є одним із керівників раунду Xalts на 6 мільйонів доларів

Accel був одним із керівників раунду стартапу, який створював цифрові активи інституційного рівня.

Citi Ventures has co-led a $6 million investment round in xalts. (Getty Images)

Finanças

Citi позначає іпотеку нерухомості, забезпечену криптовалютою, на тлі погіршення ринкових умов

Банк вказує на зростання іпотечних кредитів, забезпечених криптовалютами, і фінансування покупок цифрової нерухомості.

Citigroup's offices in Canary Wharf in London (Mitch Hogde/Unsplash)

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Citi: Fallout From Terra Collapse Unlikely to Hit Wider Financial System

Citi's analysts said the recent weakness in bitcoin and equities, triggered in part by the collapse of the Terra ecosystem, seems contemporaneous and doesn’t show any lag or lead effect. "The Hash" hosts discuss the details of the bank's notes and outlook for global finance.

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Citi Estimates $13T Metaverse Economy By 2030

In a new report, Citi analysts predict that the total addressable market (TAM) for the metaverse economy could be as high as $13 trillion by 2030. “The Hash” panel discusses drivers of the current “land grab” mentality, as well-known brands start to experiment in the metaverse.

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