Day: February 15, 2024

Citibank’s Tokenization on Avalanche

Citi, a prominent financial institution, embarked on a groundbreaking proof-of-concept trial within Avalanche‘s Spruce Subnet. The objective was to delve into the potential of tokenizing private equity funds. This trial showcased the possibilities of streamlining processes through enhanced automation, ensuring compliance, and establishing robust controls for both investors and issuers. The impact of Citi’s exploration […]