Photo by mattbuck via Wikimedia Commons. No edits were made except for crop.

Citi TTS pilots token services for cash management, trade finance

Citi will integrate tokenised deposits and smart contracts in its global network.

Citi Treasury and Trade Solutions (TTS) is piloting Citi Token Services for cash management and trade finance.

The service uses blockchain and smart contract technologies to deliver digital asset solutions for institutional clients.

Citi Token Services will integrate tokenised deposits and smart contracts into Citi’s global network. This move is expected to upgrade the bank’s core cash management and trade finance capabilities.


“The development of Citi Token Services is part of our journey to deliver real-time, always-on, next generation transaction banking services to our institutional clients,” said Shahmir Khaliq, Global Head of Services, commenting on the pilot. 

“This development goes hand-in-hand with our  industry leading work on the Regulated Liability Network to create interoperable digital asset  solutions on a multi-bank basis,” Khaliq added.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


Bank DBS Indonesia avails fast, reliable and sustainable corporate banking
Its ESG-based bank financing, as reflected in sales and asset under management, proves to be an IDR1.8t (US$117m) success.
Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table.
Digibank by DBS sets new digital banking standards
Apart from speed and convenience, DBS stays ahead with exceptional personalisation, open banking, and enhanced security.