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Citibank and Swiss SDX Join Forces to Enter the Tokenized Private Equity Market

Citibank and Swiss SDX Join Forces to Enter the Tokenized Private Equity Market

金色财经2025/05/06 11:52
SIX0.00%

According to CoinDesk, global banking giant Citi has partnered with the digital asset division of Switzerland's main securities trading platform, SIX Digital Exchange (SDX), to tokenize privately traded shares. This initiative aims to streamline this $750 billion market, which currently relies on PDF files and paper documents. Citi will act as custodian and issuing agent, providing tokenized versions of late-stage, private company equity on SDX's regulated blockchain platform, the Central Securities Depository (CSD) platform.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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