Citigroup has Invented a New Crypto Investment Option with Reduced Risk

2018-9-10 20:54

Citigroup has created a direct way to invest in cryptocurrencies without owning them - and it might be a game changer.

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Citigroup Creates New New Non-Custodial Bitcoin Product

Citigroup has reportedly developed a new way for institutional investors to gain exposure to Bitcoin without owning any, Business Insider reports September 10. Citi’s ‘Digital Asset Receipt’ Citing “people familiar” with the bank’s “plans,” the publication reveals the US giant is aiming to leverage a version of traditional finance tool the American Depository Receipt (ADR) for Bitcoin, creating the Digital Asset Receipt (DAR).

2018-9-10 16:00