The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Citigroup has launched tokenized Digital Depositary Receipts (DDR) to broaden access to private markets for both issuers and investors. This initiative, introduced in mid-June, provides a new avenue for accessing private shares through tokenization technology. With this move, Citigroup becomes the first global financial services firm to both issue and act as a custodian for tokenized depositary receipts of private companies.