US EditionCiti , Switzerland’s SDX Join Forces to Tokenize $75B Pre-IPO Shares Market
- Citi and Switzerland’s SIX Digital Exchange announced a partnership today to tokenize and custody $75 billion in late-stage, pre-IPO shares on SDX’s blockchain-based platform.
- They formed this collaboration due to the private markets’ manual, paper-heavy processes and aim to introduce a scalable, compliant digital solution launching in Q3 2025.
- Citi will serve as custodian and tokenization agent using SDX’s regulated Central Securities Depository infrastructure, enabling better liquidity management and ownership tracking for investors and issuers.
- Marni McManus explained that their collaboration with SDX aims to streamline and modernize an industry that is currently reliant on manual processes and physical paperwork, while CEO David Newns emphasized Switzerland’s well-established regulatory framework, which has supported their operations since 2021.
- This initiative reflects Citi’s strategy to advance digital asset markets globally and may improve access to private shares for institutional clients across Europe and Asia via partners like Sygnum and SBI Digital Markets.
23 Articles
23 Articles
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SIX Digital Exchange Partners With Citigroup on Planned Tokenization of Pre-IPO Shares
The Swiss firm SIX Digital Exchange (SDX), in partnership with Citigroup, has announced a plan to tokenize pre-IPO shares of late-stage, high-growth, venture-backed private companies, targeting a $75 billion market. Set to launch in Q3 2025, the initiative will enable institutional investors (excluding those in the U.S.) to access tokenized shares on a regulated blockchain-based […] The post SIX Digital Exchange Partners With Citigroup on Planne…
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Cryptocurrency News | Cryptocurrency Prices | Market CapCiti Unveils Tokenization Initiative With SDX at Zurich Forum – Finance Bitcoin News
Citi is catapulting into the future of finance with a game-changing tokenized platform set to revolutionize private market investing globally. Citi and SDX to Launch Global Platform for Tokenized Private Shares Citi announced on May 6 at the Point Zero Forum in Zurich that it will collaborate with SDX to build a first-of-its-kind platform aimed […]
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Citi and the Swiss digital asset exchange SIX Digital Exchange (SDX) launched a joint initiative aimed at creating infrastructure for the tokenization of private market assets. Financial giant Citi and... Сообщение Citi and SDX to Tokenize Private Market Assets появились сначала на CoinsPaid Media.
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