Citi Rolls Out Blockchain Marketplace for Private Shares

Citi is launching a blockchain-driven marketplace for private company shares, giving wealthy and institutional investors access to pre-IPO exposure through tokenized instruments.

The platform will issue tokenized depositary receipts that represent ownership interests in private firms. These receipts will be backed by SIX Digital Exchange's underlying ledger and settlement infrastructure.

Citi is already in discussions with several large private companies about listing their shares on the platform, signaling a potential early slate of listings once it launches.