Citi, which has experienced the Avalanche network, has filed a patent application!

Last year, news emerged that Citi, a popularly known company in Banking and Personal Loans, used its subnet on Avalanche for traditional Finance and tokenization. Citi, due to its first tokenization experience and the successful results it achieved with its subnet transactions on the Avax network, where it took its first step into the Crypto Sector, is now back with the steps to obtain a patent through Google. Citi, which has experienced the Avalanche network, has filed a patent application! How much will Citi's use of subnets on Avalanche and its adoption of tokenization on this network affect Avalanche?

This year, Citigroup is known to manage approximately $24 trillion worth of assets. These assets include the amount under protection and management. In addition, Citigroup's total assets are at $2.43 trillion as of March 2024. Considering its adoption of the crypto sector and its work here, serious assets emerge. If they adopt Avalanche, their investors will be able to securely trade their funds and assets on the Avalanche network. Avalanche is a highly secure and successful Crypto project. Citi continues to work on Avalanche.

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