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Citigroup to create 100 roles in digital asset push

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Citigroup is looking to create 100 roles focused on digital assets including blockchain and digital currencies at its institutional division, the US bank said on Tuesday (Nov 23).The intitiative is the latest by traditional banks looking to find ways to tap the growing cryptocurrency sector, which has been gaining mainstream appeal as well as regulatory scrutiny.Puneet Singhvi, Citi's head of blockchain and digital assets at its global markets operation, will lead the new team, Citi said in a memo to staff.

The note was sent to the media.The new team will comprise a mix of internal and external hires and be housed in Singapore, New York, London and Tel Aviv, a Citi spokesperson said in an emailed response, adding that the hiring is expected

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