Citi becomes 1st to launch tokenized depositary receipt service for private shares

koreatimes.co.kr Jun 16, 2026

Citi becomes 1st to launch tokenized depositary receipt service for private shares

Curated by Shubham · TechCapsules · Jun 16, 2026

AI-summarised brief · reviewed before publication

Citi has launched a blockchain-based depositary receipt service for shares in private companies, making it easier for issuers to reach investors and for investors to access private market opportunities. The Digital Depositary Receipts service tokenizes depositary receipts backed by private market equity, allowing private companies to remain unlisted while providing liquidity to shareholders. Citi acts as both issuer and custodian, handling issuance, settlement, and safekeeping. The service simplifies transfers of ownership and broadens investor access, offering a way for private issuers to distribute and transfer shares without altering their capital structure.

💡 Why It Matters

· The launch of Citi's Digital Depositary Receipts service represents a significant shift in the private equity market, enabling private companies to tap into a broader pool of investors without going public.
· By leveraging blockchain technology, Citi is creating a more efficient and accessible way for private issuers to raise capital and for investors to participate in private markets.

Blockchain Capsules

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