Citigroup Launches Tokenized Pre-IPO Shares on Blockchain
Tokenized depositary receipts bring pre-IPO giants onto bank-balance-sheet rails — the first major Wall Street issuer to wrap private equity in a compliant on-chain wrapper at this scale.
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Tokenized depositary receipts bring pre-IPO giants onto bank-balance-sheet rails — the first major Wall Street issuer to wrap private equity in a compliant on-chain wrapper at this scale.
Citigroup enters RWA tokenization at the institutional end of the market — targeting private-company depositary receipts for foreign investors first, with public-company access on the roadmap.
Citigroup is preparing to offer tokenized shares of private companies to its wealthy and institutional clients…
The bet isn't on equity — it's on yes-or-no contracts resolved by NPM's private-company data — but it drags an asset class that has been institutionally gated for decades onto a public, price-forming…