C - Citigroup Explores Tokenization Of Private Funds With Proof Of Concept For Enhanced Operational Efficiencies | Benzinga
Citigroup, Inc. (NYSE:C) shares are trading higher on Wednesday.
The company said it completed a proof of concept on tokenization of private funds along with Wellington Management and WisdomTree.
The proof of concept found that smart-contract capabilities could deliver new functionality and operational efficiencies currently unavailable with traditional assets.
These new functionalities enable buy- and sell-side institutions to engage ...