Citi

Banking giant brings a Wellington Management-issued private equity fund onto Avalanche’s Spruce subnet as part of a proof of concept

87% of those surveyed believe digital money, like a CBDC, could be viable before 2026

Analyst price targets for the stock vary as Coinbase has looked to combat the SEC and expand globally

Crypto companies need banks for reasons including custody and settlement

Digital assets are “key” to Citi’s goal of enabling bank and its clients to compete in today’s digital world

Alex Kriete and Greg Girasole announced the venture, called Motus Capital Management, on Thursday

Interoperability, or compatibility, between blockchains is key to a multi-chain future that will propel the metaverse, according to Citi

The former co-head of digital assets said he wanted to assist in the maturation of the crypto market via a new venture

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

Analyst Peter Christiansen at the bank says investors should “buy crypto’s general store.”

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.

Global bank considering such products for certain clients given the strong regulatory frameworks they operate under.