Bringing Taiwan to the World and the World to Taiwan

The banking giant will offer tokenized private-company shares through depositary receipts, reflecting Wall Street's growing embrace of blockchain-based capital markets.

Citigroup is creating a blockchain-based service that lets wealthy and institutional clients trade exposure to private companies.

Bringing Taiwan to the World and the World to Taiwan

Citi has become the first to launch a blockchain-based depositary receipt service for shares in private companies, aiming to make it easier for iss...