Exploring New Opportunities in the Crypto Industry 🚀
Citigroup’s digital assets head for its markets unit, Shobhit Maini, is departing after a 14-year tenure. Maini is leaving Citigroup to explore new opportunities in the crypto industry. According to his LinkedIn profile, Maini led the digital assets team within the markets division and previously served as a director in the markets and securities services transformation unit. A memo from Citigroup’s head of markets innovation confirmed that Maini is moving on to “an entrepreneurial opportunity in the digital asset space.” Citigroup has appointed Deepak Mehra to expand his responsibilities to lead the digital assets team.
Citigroup’s Focus on Tokenization and Digital Assets Custody 🛡️
- The bank participates in various digital money and tokenization initiatives.
- As the first digital custodian participant in the BondbloX Bond Exchange (BBX), Citigroup aims to simplify bond investing.
- The Citi Token Services, tailored for institutional clients, transforms customer deposits into digital tokens, allowing instant global transfers.
Hot Take: Citigroup’s Path in the Crypto Industry 🌟
Citigroup’s digital assets head, Shobhit Maini, is embarking on a new journey in the crypto space after many successful years at the bank. With a focus on tokenization and digital assets custody, Citigroup is paving the way for innovative financial solutions in the digital realm. As Citigroup navigates this evolving landscape, the industry eagerly anticipates its future initiatives and contributions.
Sources:
1. Bloomberg
2. LinkedIn
3. The Digital Banker
By
By
By
By