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Citi chosen as custodian for BondEvalue’s digitally-exchanged bonds

BondEvalue, the Singapore fintech that offers a digital bond exchange based on blockchain technology, has selected Citi as its custodian partner, the bank announced on Monday. The American lender will provide asset safekeeping and servicing solutions to underlying bonds traded on BondEvalue’s digital exchange as fractionalised assets. Founded in 2016, BondEvalue last October launched the world’s first fractional bond exchange…

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