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PARAGRAPHCitigroup C added two people to its digital-assets team, the and the future of money, Street giant deepening its ties to cryptocurrencies.
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?? BREAKING: Citi Bank Converts Customers' Deposits Into Digital TokensCiti has created an application that uses blockchain to execute foreign exchange (FX) trades. The new tool, announced Wednesday (Nov. For Citigroup's new offering, the company will rely on a private blockchain owned and managed by the bank, according to the statement. Clients. The service uses blockchain technology to convert clients' deposits into digital tokens that can be used for instant cross-border payments.
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