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Citi Makes History as First Digital Custodian for BondbloX Blockchain Bond Exchange

Citi Securities Services recently hit a groundbreaking milestone by becoming the first digital custodian participant of the BondbloX Bond Exchange network. The partnership, announced via a press statement on Sept. 14, will enable Citi to make bond trading more accessible to a larger part of the investor community. Launched in 2020, Bondblox Bond Exchange is a platform leveraging distributed ledger technology to make bond investments accessible. The expanded relationship will provide numerous benefits for Citi’s clients and other BBX participants, including access to digital custodial services, wider access to the global bond market, and immediate atomic settlement at the point of trade execution.

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