Yesterday it was confirmed that Turkish embedded fintech startup Colendi has acquired enterprise blockchain firm SETL, in which Citi was the largest outside shareholder. Other backers included Credit Agricole and Deloitte. Terms of the deal were not announced. One of SETL’s high profile projects involves the Regulated Liability Network (RLN) infrastructure, an enterprise blockchain network...
Today digital asset custody startup Metaco announced that it has been selected by Citi to develop and pilot digital asset custody services using the Metaco Harmonize platform. Citi joins several other banks that have partnered with Swiss-based Metaco. That includes Standard Chartered and Northern Trust’s custody platform Zodia, BBVA, DBS Bank and the Philippines’ UnionBank. “We are...
