The firm said it sees a "sustained imbalance" between demand and supply of AI computing power, and projected to generate up to $2 billion annually from AI operations.
Built by Texture Capital and Sologenic, the platform aims to bring real onchain stock ownership for U.S. retail users, executives said in an interview.
As the Justice Department pursues Prince Group's leader, the Treasury Department sanctioned the company while also severing Huione from the U.S. finance.
Speaking on her bank's earnings call, Citi CEO Jane Fraser said tokenized deposits offer faster, safer infrastructure and fewer AML and compliance burdens for the next era of digital finance.