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Depositary Receipts
Negotiable financial instruments typically issued by a bank representing shares of a foreign company. In this context, they are tokenized on a blockchain.
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Citi Explores Tokenization: Banking Giant Launches Blockchain Marketplace for Private Company Shares
By Owais Farooq
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2 months ago
Citigroup is piloting a new blockchain-based marketplace designed to issue tokenized depositary receipts for shares of private companies, signaling a significant move by traditional finance into digital asset infrastructure.
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