Citi Innovates with Avalanche Blockchain to Tokenize Private Equity Funds

Citi Innovates with Avalanche Blockchain to Tokenize Private Equity Funds

Cryptonews

Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for its multi-level permissioning, EVM compatibility, institutional focus, and customizability” according to a report on the project. In the […]

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