Citi has unveiled its Citi Integrated Digital Assets Platform (CIDAP), marking a significant step in the bank’s digital transformation journey. This platform leverages blockchain technology to offer secure, efficient, and innovative digital asset solutions through a single integrated system, in line with Citi’s governance and risk management frameworks. As blockchain technology is recognized for its […]
Italy’s state-owned development bank, Cassa Depositi e Prestiti SpA (CDP), and Intesa Sanpaolo, the country’s largest lender, have successfully completed a pioneering digital bond issuance using blockchain technology. This marks the first transaction under Italy’s new digital asset regulations. A Landmark Transaction As reported by Krisztian Sandor from CoinDesk, the 25 million euro ($27.22 million) […]
Oxbridge Re Holdings Limited and its Web3-focused subsidiary, SurancePlus Inc., have announced a partnership with Zoniqx, a digital asset management company. The collaboration aims to use blockchain technology to tokenize reinsurance contracts and deploy them on blockchain ecosystems. SurancePlus will enhance its real-world asset (RWA) tokenization efforts through this partnership with Zoniqx. Jay Madhu, President […]
