GM Brew Crew, let's tackle the day with more vigor than a double shot of espresso and more speed than Mr. Usain Bolt 🏎️.

Lets Dive In ⬇️

On the menu today:

• 👀 CITIGROUP LAUNCHES NEW BLOCKCHAIN PLATFORM

• 👏 CRYPTO VC FIRM RAISES A BAG IN THE BEAR

• 😳 FTX SUES SBF’S PARENTS

Today’s Charts:

👀 CITIGROUP LAUNCHES NEW BLOCKCHAIN PLATFORM

Citigroup has launched Citi Token Services, a private, permissioned blockchain platform designed to cater to institutional clients.

This blockchain-based service is set to provide a range of financial solutions:

• cross-border payments

• liquidity management

• automated trade finance services

Citi Token Services will seamlessly integrate tokenized deposits and smart contracts into Citigroup's global network.

Citi Treasury and Trade Solutions successfully conducted two pilot programs to test the service's functionality.

The result ➡️ facilitated instant payments to service providers using smart contracts, which significantly reduced transaction processing times from days to minutes…

👏 CRYPTO VC FIRM RAISES A BAG IN THE BEAR