Citibank has successfully tokenized a bill of exchange, executing its entire lifecycle on the Solana blockchain. This marks a significant step in the integration of traditional banking instruments with blockchain technology, as the process from issuance to settlement was completed entirely on-chain. The move highlights Citibank's commitment to leveraging blockchain for enhanced efficiency and transparency in financial transactions.
Citibank Completes On-Chain Tokenization of Bank Drafts on Solana
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