Citi teams up with Wellington Management and WisdomTree
Citi has announced that it has successfully completed a proof of concept on tokenization of private funds along with Wellington Management and WisdomTree. The proof of concept, which was conducted on the Avalanche Spruce institutional test Subnet, found that smart-contract capabilities could deliver new functionality and operational efficiencies, which are currently unavailable with traditional assets. […]
Citi, J.P. Morgan, and Access Fintech accomplishes Operational Competence
AccessFintech, a leading fintech company evolving the financial operating model through data and workflow collaboration on its Synergy Network, announces that its 12-month collaboration with Citi and J.P. Morgan has achieved significant operational efficiency enhancements based on internal reviews. AccessFintech’s interbank sharing and pairing functionality enable users to access cross-market data in real-time. Citi and […]
TransPerfect Announces New $500 Million Credit Facility
TransPerfect, the world’s largest provider of language and technology solutions for global business, today announced that it has refinanced its existing credit facility with a new $500 million credit facility (consisting of a $250 million term loan and a $250 million revolving credit line) that matures on August 27, 2026. The new credit facility replaces […]