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Citigroup Launches Tokenized Depositary Receipts for Private Company Shares

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2026-06-11 12:33:07
Citigroup has announced the launch of tokenized securities that represent shares in private companies.

According to NS3.AI, the offering works by converting private equity into Depositary Receipts and then tokenizing those receipts.

Citigroup said the infrastructure behind the product is designed to allow other banks to participate in tokenizing private assets.
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