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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 Defi Breaking 3 hours ago
Citi Explores Tokenization: Banking Giant Launches Blockchain Marketplace for Private Company Shares

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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