Citigroup is developing a blockchain-based marketplace for tokenized shares of private companies, targeting wealthy and institutional investors seeking access to fast-growing businesses before they go public.
According to The Wall Street Journal, the bank is engaging with leading private firms to join the platform, which is designed to increase liquidity and broaden participation in private markets amid strong investor interest in potential IPO candidates such as SpaceX and Anthropic.
This is a developing story.
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