citi

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Citigroup Furthers Crypto Push With Two Digital-Asset Hires
Wall Street continues to fill for digital-asset roles despite the lingering crypto bear market.
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Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain
Ethereum will probably become deflationary as token issuance decreases while the burn mechanism is maintained, the bank said.
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Citi Says Crypto Contagion Appears to Have Ceased
Stablecoin outflows have been stemmed and outflows from ETFs have also stabilized, the report said.
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Citi Flags Crypto-Backed Real Estate Mortgages Amid Falling Market Conditions
The bank points to the rise of crypto-backed mortgages and financing of digital property purchases.
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Nexo Hires Citigroup to Advise on Acquisitions
The crypto lender is planning to buy rival platforms.
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Citibank Chooses Swiss Firm Metaco for Digital Asset Custody
The custody platform integration is with Securities Services and will focus on tokenized securities to begin with.
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Citi Says Crypto Market Volatility Has Affected User Adoption
Concerns about stablecoins following UST’s collapse have exacerbated declines in digital asset prices, the bank said.
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Citi Says Fallout From Terra Collapse Unlikely to Hit Wider Financial System
Recent weakness in bitcoin and equities looks contemporaneous and doesn’t show any lag or lead effect, the bank’s analysts said.
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Former Citi Digital Asset Execs Launch Crypto-Focused Fund
Motus Capital features a trio of former Citi personnel who will employ growth and income-focused crypto investing.
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Citi Sees Metaverse Economy as Large as $13T by 2030
The virtual world could be the next generation of the internet, the bank’s analysts said in a report.
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