# Citi opens new route into private markets with tokenized share offering — News, Sentiment & Analysis

**Source:** TrendWatcher — https://www.trendwatcher.in/topic/citi-opens-new-route-into-private-markets-with-tokenized-sha  
**As of:** 2026-09-12 (UTC)  
**Sentiment:** neutral (50/100)  
**Sources analysed:** 6

As of 2026-09-12, TrendWatcher scores Citi opens new route into private markets with tokenized share offering sentiment as **neutral** at 50/100, based on 6 news sources analysed over the past 24 hours.

## Summary

Citigroup has introduced Digital Depositary Receipts, a blockchain-based product designed to provide wealthy and institutional investors with exposure to private company equity. By adapting traditional depositary receipt structures, Citi acts as both the issuer and custodian, recording the securities on blockchain infrastructure operated by the Swiss firm SIX. The bank intends for this model to simplify private-market investing by reducing reliance on the special-purpose vehicles and multiple intermediaries often used in current structures.

This initiative is part of a broader strategy by major financial institutions to tokenize traditional assets, such as stocks and bank deposits, to potentially improve settlement times and reduce costs. The product debuted with a transaction involving Kaleido, a company backed by Citi Ventures. While the current offering utilizes infrastructure from SIX, Citi has indicated plans to expand the service over time, including potential future support for public blockchain networks.

## Key points

- Citi's Digital Depositary Receipts allow investors to gain exposure to private company shares through blockchain-based securities.
- The product utilizes blockchain infrastructure provided by the Swiss market operator SIX.
- Citi serves as both the issuer and custodian for the digital receipts, which represent ownership of private company equity.
- The launch aims to address investor demand for private-market access as companies remain private for longer periods before going public.
- Citi plans to expand the offering in the future, with potential integration into public blockchain networks.

## Frequently asked questions

### What are Digital Depositary Receipts?

They are blockchain-based securities issued and held by Citi that allow investors to gain exposure to private company shares.

### Who is the target audience for this new product?

The product is designed for wealthy and institutional investors.

### How does this product differ from traditional private-market investments?

Unlike traditional structures that often rely on special-purpose vehicles and multiple intermediaries, Citi's approach uses blockchain technology to simplify the process and increase transparency.

### Which company was involved in the debut transaction?

The product launched with a transaction involving Kaleido, a digital asset and tokenization firm backed by Citi Ventures.

## Latest coverage

- [Citi launches tokenized depositary receipts for private‑market shares](https://www.trendwatcher.in/article/791c0742-56ae-4eb5-ab69-a45fef231109) — neutral, 2026-06-11: Citi introduces Digital Depositary Receipts on a blockchain platform, offering private companies a new way to access liquidity and investors broader market
- [Citi launches tokenized depositary receipts for private‑company shares](https://www.trendwatcher.in/article/60596dea-3b1e-4ddd-b683-e9fb994dbde3) — neutral, 2026-06-11: Citi introduces Digital Depositary Receipts on private shares, using SIX’s blockchain to tokenise holdings and give wealth clients new access to private
- [Citigroup expands private‑market access – details unclear](https://www.trendwatcher.in/article/f674e646-5b6f-41c5-bc68-321e57465209) — neutral, 2026-06-11: Current reports do not provide specific information on Citigroup’s private‑market expansion, leaving the scope and impact of the move uncertain.
- [JPMorgan and Citi to launch shared tokenized deposit network in 2027](https://www.trendwatcher.in/article/936abcf4-6ea0-4373-8c1c-9294e865749e) — neutral, 2026-06-11: Major U.S. banks plan a regulated settlement network for tokenized deposits, targeting wholesale payments and competing with stablecoins, with a 2027 rollout.
- [Citi and SDX to launch tokenized pre‑IPO shares platform in Q3 2025](https://www.trendwatcher.in/article/61526dc8-7fb4-4d86-b5ee-9aa0351c72d1) — neutral, 2026-06-11: Citi partners with Swiss digital exchange SDX to tokenise late‑stage private equity, aiming to roll out a compliant, scalable solution by the third quarter of
- [Citi Launches Digital Depositary Receipts for Private Shares](https://www.trendwatcher.in/article/9edce4f8-6d65-4947-a6d6-e23e2de9ed69) — neutral, 2026-06-11: Citi has introduced Digital Depositary Receipts to provide institutional-grade access to private market shares using blockchain technology operated by SIX.

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Cite as: TrendWatcher, "Citi opens new route into private markets with tokenized share offering — News, Sentiment & Analysis", https://www.trendwatcher.in/topic/citi-opens-new-route-into-private-markets-with-tokenized-sha (retrieved 2026-09-12).