Citibank and Swiss SDX join forces to enter the tokenized equity market of unlisted companies "

Crypto 7x24

2025-05-06 20:16:46

3476

According to CoinDesk, global banking giant Citi has partnered with SIX Digital Trading Platform (SDX), the digital asset arm of Switzerland's main securities exchange, to tokenize unpublicly traded shares in an effort to simplify the $750 billion market, which still relies on PDF files and paper documents. Citibank will serve as custodian and issuing agent to provide tokenized versions of the equity of late, unlisted companies on SDX's regulated blockchain platform, the Central Securities Depository (CSD) Platform.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlash

Analysts: Even if Trump takes action, the stock market may still hit a new low "
22:19
US stock market continues decline "
22:18
The three major U.S. stock indexes collectively opened lower, with Nvidia falling more than 2%"
22:18
A deleted record of Zerebro DEV Github may prove evidence that Jeffy Yu faked his death."
22:18
Berachain Boyco airdrops are now open for collection "
22:17
Conflux: 76 million CFX will be destroyed and 500 million CFX pledged "
22:17
DogeOS, the ecological application development layer of Dogecoin, completed US$6.9 million in financing, led by Polychain Capital "
22:16
Golden Evening News| A list of important developments on the evening of May 6 "
22:16
A certain whale transferred 500 billion PEPEEs to Binance, resulting in a floating loss of about US$450,000."
22:15
SOL Strategies increased its holdings of 122,500 SOL"units for US$18.25 million
22:15
U.S. trade deficit hit a record high in March "
22:15
Crypto KOL: People familiar with the matter say Zerebro developers are faking death "
22:14
Tether's asset tokenization platform Hadron has integrated Chainalysis compliance tools
22:13
21Shares launches Cronos ETP"
22:13
Hong Kong Securities and Futures Commission executives visit Abu Dhabi and Dubai to promote virtual asset cooperation "
22:13
Haedal launches HAEDAL repurchase program "
22:12
Opinion: VanEck may have submitted the BNB ETF because he noticed that Zhao Changpeng had established relations with some countries."
22:11
Forbes: Wall Street institutions are preparing for a sharp rise in Bitcoin and cryptocurrency markets "
20:21
Opinion: VanEck may have submitted the BNB ETF because he noticed that Zhao Changpeng had established relationships with some countries
20:21
A newly built wallet extracted 2052 ETH pieces from Binance, worth US$3.64 million."
20:21
UK Treasury Secretary: Will not follow the example of the United States to establish a national cryptocurrency reserve "
20:20
Web3 suspense new book "Black Amber of the Sea of Reefs" is officially launched today."
20:20
If negotiations fail, the EU will impose tariffs on 100 billion euros of American goods."
20:19
Binance will launch SYRUP and KMNO and add seed tags "
20:19