CEO David Sun says integrating with the virtual bank’s shareholders will be key to success.
The world’s biggest card issuer will use U.K.-based payments company PPRO as a direct acquirer.
Why Citi has joined other banks behind this trade-finance blockchain network.
Vikram Subrahmanyam says external partnerships will play a bigger role as Citi goes agile.
The deal sets up two behemoths in Hong Kong competing over the new digital asset industry.