
This week, the financial and technology sectors witnessed significant developments in the tokenization of private markets. Notably, Citi completed a private market tokenization test using Avalanche, marking a substantial step in the integration of blockchain technology into traditional financial services. The test is part of a broader exploration by Citi into the tokenization of private funds, highlighting the bank's commitment to innovation in capital markets. Additionally, the tokenization market is expected to grow exponentially, with predictions suggesting a 50x increase by 2030. This growth is supported by diverse blockchain integration, as evidenced by projects like Parcl on Solana, Fraktion on Tezos, and Coded Estate on Nibiru. Jamie Finn & Eric Ervin shared insights on Securitize, emphasizing the rise of mezzanine debt and the enduring presence and potential of private credit and equity tokenization in the financial landscape.





Citi Collaborates to Explore Tokenization of Private Markets - Fintech Schweiz Digital Finance News - FintechNewsCH https://t.co/7FtAeu9ned https://t.co/Hv2DL7lmfo
A capital markets transformation story if ever I saw one. 👀 Citi using @avax to explore the tokenization of private funds. https://t.co/9nvXmahkqc
#Citi Completes Private Market #Tokenization Test On Top Of #Avalanche https://t.co/rL4OY9Ef3b