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Citi announced that Citi Token Services has been launched in Japan and the United Arab Emirates, covering 7 markets including the United States, Ireland, Hong Kong, Singapore, the United Kingdom, Japan, and the United Arab Emirates. The Japanese market supports USD trading, while the UAE market supports USD and EUR trading. Citi Token Services utilizes private licensed blockchain and tokenized deposits to provide 24/7, near real-time cross-border fund transfers for corporate and financial institution clients for payment, liquidity, and collateral management, reducing restrictions imposed by bank cut-off times, time zones, and holidays.