Citigroup Planning To Make Crypto Investments Less Risky For Institutional Investors

Investing, News | September 10, 2018 By:

Financial services giant Citigroup has reportedly developed a new mechanism that makes cryptocurrency investments less risky.

Citing sources familiar with the latest development, Business Insider reported that Citigroup has created a “Digital Asset Receipt” (DAR), which will offer institutional investors a direct way of making crypto investments without the need to own them.