{"id":44942,"date":"2021-06-24T20:13:49","date_gmt":"2021-06-24T17:13:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44942"},"modified":"2025-08-31T19:20:48","modified_gmt":"2025-08-31T16:20:48","slug":"citigroup-forms-digital-assets-unit","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/citigroup-forms-digital-assets-unit\/","title":{"rendered":"Citigroup forms digital assets unit"},"content":{"rendered":"<p>The financial conglomerate Citigroup announced the creation of a group to work with cryptocurrencies within the Citi Global Wealth Investments asset management arm, according to <a href=\\\"https:\/\/www.theblockcrypto.com\/post\/109526\/citigroup-digital-asset-unit\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener\\\">The Block<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;Given the exciting new developments we are seeing around cryptocurrencies, tokenisation and other blockchain-based advances, we are pleased to announce the formation of the Digital Assets Group,&#8221; the memo cited by the publication.<\/p>\n<\/blockquote>\n<p>\\n\\n\\n\\n<\/p>\n<p>According to the memo, the group will work on product development in collaboration with other divisions of the conglomerate and its official partners.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>In May 2021, Citigroup&#8217;s head of foreign exchange operations Itay Takman said that the conglomerate <a href=\"https:\/\/forklog.com\/en\/news\/citigroup-does-not-rule-out-launching-bitcoin-trading-and-custody-services\">is considering launching cryptocurrency trading<\/a> in response to rising client demand.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Earlier, JPMorgan Chase <a href=\"https:\/\/forklog.com\/en\/news\/jpmorgan-signals-readiness-to-add-bitcoin-support-if-demand-materialises\">did not rule out support for digital assets<\/a> at JPMorgan Chase.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial conglomerate Citigroup announced the creation of a group to work with cryptocurrencies within the Citi Global Wealth Investments asset management arm, according to The Block.<\/p>\n","protected":false},"author":1,"featured_media":44943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1798],"class_list":["post-44942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-citigroup"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=44942"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44942\/revisions"}],"predecessor-version":[{"id":44944,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44942\/revisions\/44944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/44943"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=44942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=44942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=44942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}