Citigroup to recruit 100 more employees into a new division focused on digital assets.
Financial services giant Citigroup has appointed blockchain veteran Puneet Singhvi to lead the division whose primary focus will be serving institutional clients, according to a new Financial News report. The news included details detailing the role of the new unit:
Emily Turner, head of business development at Citigroup, also used the following expressions, quoting from the document:
The document states that the crypto division will recruit about 100 more new people.
The news comes after Citigroup CEO Jane Fraser said last month that she sees a place for cryptos within the traditional financial system: