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Citi to provide digital custody services to BondbloX bond exchange
2023-09-15 08:55:52
Odaily News Citi Securities Services announced that it will provide digital custody services for BondbloX Bond Exchange (BBX). It is reported that this Singapore-based compliance exchange uses DLT technology to provide some bonds, allowing certified professional investors to purchase digital bonds with a minimum of $1,000. Citi and MassMutual Ventures are among the investors in BondbloX, along with Singaporean family office Ocatava and incubator Potato Productions. In addition, Northern Trust is also the custody provider for the underlying bonds. (Ledger Insights)