Investment bank Citi has partnered with Switzerland’s SIX Digital Exchange (SDX) to modernize private markets through asset tokenization. Unveiled at the Point Zero Forum, the collaboration will utilize SDX’s blockchain-based Central Securities Depositary (CSD) to tokenize, settle, and safekeep late-stage, pre-IPO equities.
The digital asset platform, scheduled for launch in Q3 2025, will extend global access to private equity for institutional and eligible investors. For issuers, the initiative creates a scalable, compliant framework for managing liquidity and cap tables, while investors benefit from improved access to high-growth, venture-backed companies.
Citi will act as the digital custodian and tokenization agent, further signaling its commitment to digital assets, following the introduction of Citi Token Services and previous proof-of-concept collaborations on asset tokenization. The partnership arises amidst a growing wave of RWA (real-world asset) tokenization initiatives from major financial players like BlackRock, Libre, and MultiBank.
This industry trend accelerates as regulatory environments clarify, technology matures, and institutional adoption grows.