Regarding the hiring of Peurifoy, Zhang said that “Sam brings a unique combination of deep knowledge of the play-to-earn space, close relationship with the community and a real passion for gaming and the metaverse. With Algorand as our first strategic partner, we have a very exciting roadmap on our play-to-earn strategy right out of the gate, and beyond. I think we will do some … [Read more...] about Citi Veteran Launches $1.5B Crypto Fund With Algorand as Strategic Partner
Citi
Citi Plans to Hire 100 Staffers for Beefed-Up Crypto Division
Global banking powerhouse Citi is hiring 100 people to beef up its blockchain and digital assets division, according to a person familiar with the bank’s plans.Citi has also made Puneet Singhvi head of digital assets for the institutional clients group (ICG) at Citi as of Dec. 1, according to a company memo shared with CoinDesk. Singhvi was most recently head of blockchain and … [Read more...] about Citi Plans to Hire 100 Staffers for Beefed-Up Crypto Division
Citi and IADB complete cross-border payment pilot with blockchain tech
Banking giant Citigroup has successfully completed a proof-of-concept for blockchain-based cross-border payments in collaboration with the Inter-American Development Bank, or IADB.According to a Thursday announcement, Citigroup’s Citi Innovation Labs and the IADB enabled several disbursements from the United States to a recipient in the Dominican Republic using the LACChain … [Read more...] about Citi and IADB complete cross-border payment pilot with blockchain tech