Citibank and SDK Partner to Tokenize $74 Billion Private Equity Market
Citibank has teamed up with Switzerland’s SIX Digital Exchange (SDX) to revolutionize the $75 billion private equity market through tokenization. Announced at the Point Zero Forum, the initiative leverages SDX’s blockchain-based Central Securities Depositary (CSD) platform for asset tokenization, settlement, and custody.
Citi will act as custodian and issuer agent for tokenized late-stage pre-IPO equities on SDX’s regulated platform. The project is slated for launch in Q3 2025, offering early investors access to pre-IPO equities via blockchain infrastructure.