Citigroup Launches Blockchain Marketplace for Tokenized Private Company Shares

Citigroup has unveiled a blockchain-based marketplace enabling investors to trade exposure to private company shares via tokenized depositary receipts. The platform initially targets foreign investors and aims to democratize access to traditionally restricted private markets.

Why it matters: This represents a major financial institution's bet on blockchain infrastructure for enterprise finance, signaling growing mainstream adoption of tokenization as a solution for illiquid asset classes.