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Citi Begins Offering Tokenized Deposit Service in Japan

  • Citi launched Citi Token Services, a tokenized deposit solution for corporate clients, in Japan on September 28.
  • The service converts corporate bank deposits into blockchain-based tokens to enable near real-time cross-border payments and liquidity management.
  • The Japan rollout extends Citi Token Services beyond its earlier launches in markets such as the U.S., U.K., and Singapore.

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