CryptoMediaClub
Thursday, October 2, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Citi Makes History as First Digital Custodian for BondbloX Blockchain Bond Exchange

15.09.2023
A A
0
123
VIEWS
ShareShare

Citi Securities Services recently hit a groundbreaking milestone by becoming the first digital custodian participant of the BondbloX Bond Exchange network.

The partnership, announced via a press statement on Sept. 14, will enable Citi to make bond trading more accessible to a larger part of the investor community.

Citi’s Love Affair with Bondblox

Launched in 2020, Bondblox Bond Exchange is a platform leveraging distributed ledger technology to make bond investments accessible by fractionalizing full-sized bonds, hence democratizing access to bond trading.

The affair between Bondblox Exchange and Citi began in 2021 when the latter was selected as the custodian for the bonds issued and traded through the former’s exchange.

The expanded relationship will provide numerous benefits for Citi’s clients and other BBX participants, including access to digital custodial services, wider access to the global bond market, and immediate atomic settlement at the point of trade execution.

This BBX-Citi collaboration will allow eligible clients to trade fractional and full-sized bonds on BBX, with Citi providing comprehensive settlement and custody services.

When speaking about the partnership, Global Head of Custody for Citi Securities Services, Matthew Bax, said;

“Today’s announcement demonstrates our commitment to investing in the future of digital financial market infrastructure (FMI) by building products and services to support the current and future needs of our clients… We are committed to partnering with BondbloX on their journey to transform and simplify bond trading and investing.”

The co-founder and CEO of BondbloX, Dr Rahul Banerjee, made comments on the partnership, highlighting how digital custody will help in the revolution of the bonds market by adding a layer of transparency and accessibility. Dr Banerjee mentioned that BondbloX’s partnership with Citi will enable the latter’s clients to see the wholesome benefits of trading bonds.

Citi Focusing on the Future

Citi reiterated its commitment to the future of digital financial market infrastructure (FMI) by developing innovative products and services. Matthew Bax, Global Head of Custody for Citi Securities Services, highlights the firm’s partnership with BondbloX, aiming to revolutionize bond trading and investing.

With approximately $27.8 trillion of assets under custody, administration, and trust worldwide and a leading proprietary network spanning more than 60 markets, Citi Securities Services continues its commitment to providing cross-border support.

Perhaps in a move to secure its future, Citigroup is doing some in-house managerial and structural changes – the largest in the past 25 years. According to reports, this reorganization will lead to job cuts as the bank seeks to simplify organizations.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share9Tweet6ShareSharePin2

Related Posts

Bitcoin Breaks $118K As ‘Uptober’ Rally Takes Hold On Dollar Weakness
All news

Bitcoin Breaks $118K As ‘Uptober’ Rally Takes Hold On Dollar Weakness

02.10.2025
0

Bitcoin surged above $118,000 on Thursday, lifting the broader digital asset market as October’s long-anticipated rally, often dubbed “Uptober,” took...

Read moreDetails
Japanese Loans Giant MBK Announces $2M Bitcoin Purchase, Crypto Exchange Deal

Japanese Loans Giant MBK Announces $2M Bitcoin Purchase, Crypto Exchange Deal

02.10.2025
Bitcoin Price Prediction: Can BTC’s $118K Breakout Rally Hit $124K Next?

Bitcoin Price Prediction: Can BTC’s $118K Breakout Rally Hit $124K Next?

02.10.2025
Perplexity AI Predicts Explosive Gains for XRP, Cardano and Dogecoin by the End of 2025

Perplexity AI Predicts Explosive Gains for XRP, Cardano and Dogecoin by the End of 2025

02.10.2025
VisionSys AI Stock Crashes 57% on $2B Solana Treasury Bet – Recovery Ahead?

VisionSys AI Stock Crashes 57% on $2B Solana Treasury Bet – Recovery Ahead?

01.10.2025
Load More
Next Post
How to identify and protect against routing attacks on the Lightning Network

How to identify and protect against routing attacks on the Lightning Network

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

When will Bitcoin reach $1,000,000 per coin and a $20 trillion market cap?

When will Bitcoin reach $1,000,000 per coin and a $20 trillion market cap?

2 months ago
How the Stablecoin Supply Ratio Helps Determine BTC Market Trends

How the Stablecoin Supply Ratio Helps Determine BTC Market Trends

2 years ago
Australian stock exchange officially abandons blockchain plans: Report

Australian stock exchange officially abandons blockchain plans: Report

2 years ago

Bitcoin Price Hits ATH Against EGP on Binance Amid Egypt’s Economic Crisis

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin Price Prediction: Can BTC’s $118K Breakout Rally Hit $124K Next?

Bitcoin rally looms with projections hinting at $200,000 surge

Perplexity AI Predicts Explosive Gains for XRP, Cardano and Dogecoin by the End of 2025

Will a US data blackout shove more money into Bitcoin?

VisionSys AI Stock Crashes 57% on $2B Solana Treasury Bet – Recovery Ahead?

Why Did Tether Just Move $1B in Bitcoin? Here’s What Traders Need to Know

Trending

Bitcoin Breaks $118K As ‘Uptober’ Rally Takes Hold On Dollar Weakness
All news

Bitcoin Breaks $118K As ‘Uptober’ Rally Takes Hold On Dollar Weakness

02.10.2025
0

Bitcoin surged above $118,000 on Thursday, lifting the broader digital asset market as October’s long-anticipated rally, often...

Japanese Loans Giant MBK Announces $2M Bitcoin Purchase, Crypto Exchange Deal

Japanese Loans Giant MBK Announces $2M Bitcoin Purchase, Crypto Exchange Deal

02.10.2025
Why did the crypto market pump today? Everything that helped the leg-up

Why did the crypto market pump today? Everything that helped the leg-up

02.10.2025
Bitcoin Price Prediction: Can BTC’s $118K Breakout Rally Hit $124K Next?

Bitcoin Price Prediction: Can BTC’s $118K Breakout Rally Hit $124K Next?

02.10.2025
Bitcoin rally looms with projections hinting at $200,000 surge

Bitcoin rally looms with projections hinting at $200,000 surge

02.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz