Citi CEO Jane Fraser has endorsed tokenization as a key enabler for instant and secure global money transfers. In an interview with CNBC, Fraser explained that tokenization facilitates the digitization of markets, allowing continuous fund movement across various currencies. Citi has expanded its network to connect 270 banks, enabling real-time transfers beyond its internal systems. The bank has also partnered with Coinbase to enhance digital asset payment solutions for institutional clients, focusing on fiat on/off-ramps and payments orchestration. This partnership complements Citi's existing offerings, such as Citi Token Services and 24/7 USD Clearing, strengthening its position in major e-commerce markets.