Summary:
- Citi, a major global bank, and SDX, a Swiss digital exchange, have partnered to tokenize a $75 billion pre-IPO (initial public offering) shares market.
- This means that they will use blockchain technology to create digital tokens representing ownership of these pre-IPO shares, making it easier for investors to trade them.
- The partnership aims to make the pre-IPO shares market more accessible and liquid, allowing more people to invest in companies before they go public.