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Citi Completes Private Market Tokenization Test Using Avalanche

CryptoExpert by CryptoExpert
February 17, 2024
in Blockchain News
0
Citi Completes Private Market Tokenization Test Using Avalanche
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Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed to “automate operations, settle faster, and enable new […]



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