Citi tests on-chain FX pricing and trade execution

The application, under MAS’s asset tokenisation initiative, demonstrates blockchain’s potential in post trade, but much more work is ahead before a full rollout.

By Ryan Li

Nov 22, 2023

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Citibank, in collaboration with T. Rowe Price Associates, and Fidelity International, has tested a blockchain-based request for streaming (RFS) solution for bilateral spot foreign exchange (FX) solutions.

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