Citi uses Avalanche Chain to trial FX solution
Golden Finance reported that Citibank has developed a public blockchain foreign exchange solution as part of the Monetary Authority of Singapore's tokenization plan, Project Guardian. Citigroup collaborated with T.Rowe Price and Fidelity International to develop a licensed instance of the Avalanche blockchain. T. Rowe Price has a $1.3 trillion asset management scale and has been developing foreign exchange swaps on Avalanche for some time.
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