Citi just launched ‘tokenized deposits’ for institutional clients

Citi Token Services will help enable instant transfers globally.
The new service will be accessible via its existing systems.
Citi shares are down over 15% versus their year-to-date high.Citigroup Inc is in focus today after launching “tokenized deposits” for institutional clients.
Tokenized deposits will help enable instant transfers
Citi Token Services will change deposits into digital tokens to enable instant transfers even outside of business hours to anywhere in the world. Acco