Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for its multi-level permissioning, EVM compatibility, institutional focus, and customizability” according to a report on...
source: https://cryptonews.com/news/citi-innovates-with-avalanche-blockchain-to-tokenize-private-equity-funds.htm