Citi and DTCC Advance Tokenized Collateral Amid Regulatory Challenges

According to PANews, financial giants Citi and DTCC have revealed at the SmartCon event in New York that their cross-asset, cross-border 'Tokenized Collateral' is now operational in real-world transactions. While the technology is feasible, inconsistent regulations pose the biggest challenge. Citi announced that its 'Citi Token Services' are live in the United States, United Kingdom, Hong Kong, and Singapore, handling billions in customer fund flows and settlements. DTCC's 'Great Collateral Experiment' has validated the use of tokenized U source: https://www.binance.com/en/square/post/32000531430282?utm_source=BinanceNewsRSS