Citi Treasury and Trade Solutions (TTS) announces the creation and piloting of Citi Token Services for cash management and trade finance. The service uses blockchain and smart contract technologies to deliver digital asset solutions for institutional clients. Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management […]
The INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced today that Republic, a global financial firm operating a digital merchant bank and a network of investment platforms, has entered into an agreement with INX (the “Investment Agreement”) pursuant to which it will invest US$5.25 million in INX at an approximate US$50 million pre-money valuation (the “Transaction”). […]
By Peter Lyons, Head of Partnerships, Nucleus Finance Despite clear signs of inflation appearing as early as the summer of 2021, the US Federal Reserve maintained the key interest rate near zero and kept buying hundreds of billions of dollars of US treasury bonds and mortgage-backed securities each month. It wasn’t until March 2022 that […]
