Loading...
According to Ledger Insights, the National Bank of Brazil invested $5 million to purchase the tokenized structured notes issued by Citibank on the Euroclear platform, marking the first of its kind by a financial institution in Latin America. The National Bank of Brazil completed the investment through its own funds department on August 19th, and Citigroup issued the note through a Luxembourg entity, with the London branch serving as the issuing and payment agent.