Citigroup tokenizes private shares for access

Citigroup has introduced tokenized depositary receipts designed to enhance investor access to private markets. These new Digital Depositary Receipts offer a familiar investment structure for investors seeking direct equity in private companies. Simultaneously, they provide private companies with a new avenue for increased liquidity by expanding their investor outreach. This initiative by Citigroup aims to bridge the gap between traditional private equity and the growing digital asset landscape, potentially democratizing access to previously exclusive investment opportunities.