In a significant development for Citigroup, Shobhit Maini, the global head of digital assets, has departed from the bank to pursue new ventures within the cryptocurrency industry. This transition, confirmed by an internal memo, comes as Citigroup remains deeply invested…
Citigroup Veterans’ SEC-Free Bitcoin Solution: Unveiling BTC Depositary Receipts for Institutional Investors
Amidst the intense speculation around spot-Bitcoin ETFs, a group of former Citigroup Inc. executives has unveiled an innovative solution for institutional investors. Bitcoin depositary receipts (BTC DRs), offered by Receipts Depositary Corporation (RDC), grant qualified global institutional investors access to…