Citigroup’s Head of Digital Asset Solutions for Finance and Trade, Ryan Rugg, said that if tokenized funds are limited to a single bank system rather than being interoperable across multiple institutions, they will not reach their potential. Rugg noted that large corporate clients typically have hundreds or thousands of bank accounts worldwide, and what they need is not a “Citigroup token,” but a real-time payment system that can run seamlessly across banks and networks. She believes that the future of tokenized finance depends on industry-wide shared infrastructure (similar to the SWIFT model) and clear regulatory frameworks, rather than isolated bank platforms. (Coindesk)