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 […]
In an article published by PYMNTS on September 7, 2023, it has been revealed that financial giant JPMorgan Chase is in the advanced stages of developing a blockchain-enabled digital deposit token, set to revolutionize the pace and efficiency of cross-border transactions. This initiative, which is at the forefront of Wall Street’s integration of blockchain technology […]
On 17 January, Denis Beau, First Deputy Governor of the French central bank, Banque de France, gave a speech at the European and American Chamber of Commerce event in New York. The title of the speech was ‘Opportunities and Challenges of the Tokenisation of Finance’, and due to its many relevant points, we would like to […]