Global banking powerhouse Citi has partnered with Avalanche, the blockchain behind AVAX, the 10th largest cryptocurrency, to explore tokenization of private funds. This collaboration with Wellington Management and WisdomTree signifies a significant step towards bridging traditional finance with blockchain technology.…
Citigroup Drop Plans of Launching Own Crypto “citicoin”
It appears that Citigroup, the third largest bank in the US, has dropped plans of launching their own crypto which was to be known as “citicoin” It came out in July of 2015 through the international Business Times (IBTimes) that…