Citigroup to create 100 roles in push into cryptocurrencies for institutional clients
Citigroup Inc on Tuesday said it is building up a team to add 100 roles as a part of a new push into digital assets, including blockchain and digital currencies, at its institutional division
By Arghyadeep Dutta
Published - Nov 23, 2021, 04:18 PM ET
Last Updated - Jun 06, 2024, 01:58 AM EDT
• Citi is focusing on “assessing the needs” of its clients
• BofA, JPMorgan, Goldman all looking at digital currencies and to serve their client base
Citigroup Inc on Tuesday said it is building up a team to add 100 roles as a part of a new push into digital assets, including blockchain and digital currencies, at its institutional division.
The initiative by the U.S. bank is the latest in the list of traditional banks that are trying to tap into the growing cryptocurrency sector, which has been gaining traction through mainstream appeal and regulatory scrutiny.
