Citigroup has launched a blockchain-based marketplace designed to help investors trade exposure to private company shares using tokenized depositary receipts, according to reports cited by Cointelegraph and NDTV. The platform issues tokenized depositary receipts that represent exposure to shares of private companies, enabling investors to buy and sell that exposure through the marketplace rather than directly trading the underlying private shares.
Both outlets describe the initiative as an effort to broaden access to private market investments, positioning the product as a way to make it easier for investors—particularly those outside the United States—to participate in private company share exposure. NDTV adds that the marketplace is initially aimed at foreign investors.
The reports frame the launch within a wider trend of major Wall Street institutions adopting tokenized assets and related blockchain infrastructure for settlement and access to financial markets. Details such as partner companies, the exact jurisdictions involved, and timing beyond the initial rollout are not covered in the provided summaries.
