A Huabei venue hosts tokenized private placements, adding another heavyweight piece to the RWA narrative in traditional finance—waiting for the day U.S. investors are allowed in.

CryptoWorld News, Citigroup announced the launch of a blockchain-based private company share marketplace, aimed at providing a new way for wealthy and institutional investors to gain access to private company investments before an initial public offering (IPO). The platform will use tokenized depositary receipts issued by Citigroup to represent ownership interests in private companies. Initially, the service will be open only to foreign investors, with plans to offer access to U.S. investors in the future. Citigroup stated that it is in discussions with several large private companies about offering their shares on the platform.