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Citi and SDX Launch Tokenized Pre-IPO Market—Wall Street’s Paperwork Obsession Gets a Blockchain Bypass
Citi and SDX Launch Tokenized Pre-IPO Market—Wall Street’s Paperwork Obsession Gets a Blockchain Bypass
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Banking giant Citi partners with Switzerland’s SDX to digitize the $75 billion pre-IPO shares market—because nothing says ’innovation’ like making private equity trades slightly less archaic.
Tokenization meets traditional finance: The move could unlock liquidity for pre-IPO stocks while giving institutional investors a taste of crypto’s efficiency (minus the volatility).
Bonus jab: Watch legacy finance institutions suddenly remember they ’always believed in blockchain’ now that there’s a nine-figure market to exploit.
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