Citi® Token Services Expands Global Footprint into Japan and UAE

Together with Citi's broader investments in 24/7 USD Clearing and connectivity with emerging multi-bank tokenized networks, the expansions advance the ambition of Citi to deliver increasingly interoperable, multi-currency solutions across liquidity management and payments.

As the world's fourth largest economy, and a significant global liquidity center, Japan is a strategically important market for Citi, with substantial cross-border flows driven by multinational corporations and financial institutions.

"The expansion of Citi Token Services into Japan connects clients in the market to Citi's growing 24/7 payments, collateral and liquidity solutions, enabling USD transactions to move in and out of Japan in real time and helping corporate and financial institutional treasurers put capital to work more efficiently," said Kanika Thakur, Head of Services for Japan, Asia North and Australia.

The Middle East is one of the world's fastest growing real-time payments economies, making the UAE a strategic market for the expansion of Citi Token Services. As a major financial hub and gateway for trade and investment across the Middle East, Africa and South Asia, UAE supports significant cross-border flows and a growing base of multinational treasury operations.

"Expanding Citi Token Services into the UAE with USD and Euro capabilities enables clients to manage cross-currency liquidity 24/7, which is key to connecting the local ambitions of our corporate and financial institutional clients with their global expansion," said Rizwan Shaikh, Head Services for Middle East & Africa. "This positions Citi to deepen relationships and optimize liquidity in and out of the region."