Digital assets are “key” to Citi’s goal of enabling bank and its clients to compete in today’s digital world
Interoperability, or compatibility, between blockchains is key to a multi-chain future that will propel the metaverse, according to Citi
The New York-based business will make venture investments in crypto companies, trade digital assets and create a “play-to-earn strategy” in the gaming space.
Company’s institutional client group names leader to newly created position dedicated to crypto space
Total value locked (TVL) across all chains hit an all time high, crypto investment products see record inflows, SOL and LINK outperform the market.
Despite Fraser’s certainty that digital assets will be part of the future of financial services, Citigroup is proceeding with caution in the space due to regulatory uncertainty.
Amberdata plans to expand its research and development further into decentralized exchanges, DeFi and understanding money flows in stablecoins, the CEO said.