Citi Completes Private Market Tokenization Test Using Avalanche

Citi, successful confederation with Wellington Management, Wisdomtree, and ABN AMRO, completed a impervious of conception for the tokenization of a backstage money connected apical of the Avalanche blockchain. The trial utilized Spruce, an Avalanche subnet, to tokenize the money and transact the tokenized assets, which were programmed to “automate operations, settee faster, and alteration caller […]