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Citi Launches Blockchain Marketplace for Private Company Shares

The bank said the tokenized receipts will let qualified investors gain exposure to private companies through regulated blockchain infrastructure and expand access over time.

  • On Thursday, Citi unveiled Digital Depositary Receipts, a blockchain-based product allowing investors to gain exposure to private company shares, with the bank acting as issuer and custodian.
  • The product targets a $75 billion late-stage pre-IPO equity market that has swelled as companies including SpaceX and Anthropic delay public debuts, creating liquidity gaps for institutional investors.
  • Built on SDX infrastructure provided by SIX, the platform operates on a permissioned ledger satisfying compliance requirements, with distribution through Sygnum Bank in Switzerland and SBI Digital Markets in Singapore serving Europe and Asia.
  • Trades execute near-instantaneously on the platform, replacing manual, weeks-long processing, though Citi currently restricts access to foreign investors pending regulatory clarity for U.S. participation.
  • Citi's Tokenization 2030 report projects tokenized real-world assets could reach $5.5 trillion by 2030, up from $17 billion today, while the bank develops a shared tokenized deposit network through The Clearing House.
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The Defiant broke the news on Thursday, June 11, 2026.
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