Citi Token Services, Built on Blockchain Technology by Citibank, Now Enables 24/7 Cross-Border Settlement

According to ChainCatcher, citing a report from Crowdfund Insider, Citibank has released two reports, "Investing in the Future" and "Real-Time Financial Systems," highlighting that global infrastructure investment demand will reach $58.6 trillion over the next 15 years. The reports call for innovative financing models such as sovereign wealth funds and public-private partnerships (PPP) to bridge the gap. They note that traditional financing models are currently constrained by budget deficits, and institutional capital needs to be attracted to long-term return sectors such as renewable energy and digital infrastructure.

The simultaneously released "Real-Time Financial Systems" report reveals that Citi Token Services, built by Citibank using blockchain technology, has achieved 24/7 cross-border settlement, processing daily transaction volumes equivalent to Germany's GDP. This solution leverages smart contracts to optimize supply chain finance and trade settlement processes, and its network, covering more than 160 countries, can provide enterprises with real-time cash management services.

The report cites the views of Citi DeFi strategist Alex Saunders, who believes that crypto assets will continue to integrate into the mainstream financial system in 2025. Citibank emphasizes the need for collaboration with governments to address regulatory complexities and cybersecurity challenges in order to support the compliant development of real-time financial infrastructure.