Wall Street's Big Guns Go Crypto: Suits Finally Learn to Blockchain
Key Points
- Big banks like Citigroup are embracing crypto by tokenizing ...
Remember those stuffy bankers who used to mock Bitcoin enthusiasts? Well, look who's joining the party now - with their pressed suits and PowerPoint presentations about "blockchain synergy."
Old Money Gets a Digital Facelift
Citigroup and Switzerland's Six Digital Exchange (SDX) are diving into the crypto pool with their latest venture: tokenizing pre-IPO shares. It's like they finally figured out how to turn their vintage wine collection into NFTs. This move has helped push real-world asset tokenization from a modest $6.4 billion in May 2023 to a whopping $22.1 billion today. By year's end...
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