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Citigroup is all set launch Citi stablecoin to enchance tokenized finance, confirmed Citigroup CEO Jane Fraser. Frazer revealed that the group is actively evaluating the project and developing a plan to enter the digital assets sector. “We are looking at the issuance of a Citi stablecoin,” said Fraser during Citigroup’s Q2 2025 earnings call on Tuesday. He also emphasized the importance of tokenized deposits to leverage blockchain technology and improve the infrastructure of global payment systems. Also Read: Apple Signs $500 Million Rare Earth Magnet Deal With MP Materials Citigroup To Launch Citi Stablecoin and Crypto Custody Reserve Management Next Source: CryptoSlate The Citigroup CEO did not mention the timeline for when Citi’s stablecoin could be launched. He only mentioned that the firm is evaluating the project for tokenized deposits. The goal is to adapt digital assets and align with the growing trend of anchoring blockchain technology for financial growth. Apart f...

Meta shareholders have voted down a proposal to add Bitcoin to the company’s balance sheet, and CEO Mark Zuckerberg was likely among them. There were just 3.92 million votes in favor of the proposal, put forward by BTC advo cate and Strive director Ethan Peck in January, and over 5 billion against, according to a May 28 regulatory filing. Mark Zuckerberg Likely Voted Against Adding Bitcoin To Meta’s Balance Sheet With Meta CEO Mark Zuckerberg controlling over 61% of the company’s voting power, according to an April regulatory statement , it seems he was among those who voted against the proposal Meta shareholders voted against adding Bitcoin to the company’s balance sheet. .. This will circle back, #Meta will eventually add #Bitcoin to their balance sheet. Just wait on it. It only means they’ll end up buying it at a higher price … 🤐 pic.twitter.com/idWzx08GbH — Cesar Sanchez (@Cesarsanchez_co) June 2, 2025 Peck had called on M...