What is Citi token services?

Citi Token Services for cash management and trade finance uses blockchain and smart contract technologies to deliver digital asset solutions for clients. Puneet Singhvi was recently interviewed by CNBC Crypto World.

What does Citi do with digital assets?

Citi continues to develop digital asset solutions, in line with its goals and risk appetite, using a unified set of shared technology capabilities and a common strategic approach. These innovative solutions enhance Citi’s products and services including digital money, trade, securities, custody, asset servicing and collateral mobility.

Is Citigroup launching a new business unit in the crypto space?

The latest behemoth to enter the crypto space amid steady institutional interest is Citigroup, which officially launched a new business unit dedicated to the cryptocurrency and blockchain space, according to a memo obtained by The Block.