Citi Token Services expands global footprint into Japan and UAE
29 September 2026 US
Image: Best/stock.adobe.com
Citi has announced the expansion of Citi Token Services into Japan and the United Arab Emirates (UAE), advancing its strategy to build a more connected, always-on financial ecosystem for corporate and financial institutional clients.
The expansion is the latest milestone in Citi Services鈥� broader digital assets strategy, which is focused on solving real-world client needs by building bank-grade capabilities that connect traditional financial infrastructure with emerging digital networks.
As global commerce and investment strategies move toward a 24/7 real-time environment, Citi is investing in digital asset solutions designed to reduce fragmentation and enable clients to move liquidity more efficiently across geographies, currencies, and networks.
Citi Token Services is a core part of this strategy, using tokenised deposits and blockchain technology to enable programmable, near-instantaneous movement of liquidity.
The expansion into Japan and UAE further extends these capabilities across Citi鈥檚 global network, the firm says, with Japan supporting US dollar transactions and UAE supporting both US dollar and euro transactions.
Leveraging a private-permissioned blockchain, Citi Token Services enables clients to move funds near instantly across Citi鈥檚 global network, supporting more efficient liquidity and collateral management and cross-border payments, the firm adds.
By expanding additional regions and currencies, Citi aims to provide clients with always-on liquidity and payment capabilities that help overcome banking cut-off times and time zone limitations.
The service is live in the US, Ireland, Hong Kong, Singapore, the UK, Japan, and UAE.
Stephen Randall, global head of Liquidity Management Services at Citi, says: 鈥淓xpanding Citi Token Services into Japan and the UAE is an important milestone in scaling our network and bringing 24/7 liquidity solutions to more of the markets where our clients operate.
鈥淭hese are significant financial centres with substantial cross-border flows and connecting them to Citi Token Services gives clients greater optionality to move and manage liquidity across regions and currencies in real-time.鈥�
According to the firm, the expansions advance the ambition of Citi to deliver increasingly interoperable, multi-currency solutions across liquidity management and payments.
Kanika Thakur, head of Services for Japan, Asia North, and Australia at Citi, adds: 鈥淭he expansion of Citi Token Services into Japan connects clients in the market to Citi鈥檚 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.鈥�
The expansion is the latest milestone in Citi Services鈥� broader digital assets strategy, which is focused on solving real-world client needs by building bank-grade capabilities that connect traditional financial infrastructure with emerging digital networks.
As global commerce and investment strategies move toward a 24/7 real-time environment, Citi is investing in digital asset solutions designed to reduce fragmentation and enable clients to move liquidity more efficiently across geographies, currencies, and networks.
Citi Token Services is a core part of this strategy, using tokenised deposits and blockchain technology to enable programmable, near-instantaneous movement of liquidity.
The expansion into Japan and UAE further extends these capabilities across Citi鈥檚 global network, the firm says, with Japan supporting US dollar transactions and UAE supporting both US dollar and euro transactions.
Leveraging a private-permissioned blockchain, Citi Token Services enables clients to move funds near instantly across Citi鈥檚 global network, supporting more efficient liquidity and collateral management and cross-border payments, the firm adds.
By expanding additional regions and currencies, Citi aims to provide clients with always-on liquidity and payment capabilities that help overcome banking cut-off times and time zone limitations.
The service is live in the US, Ireland, Hong Kong, Singapore, the UK, Japan, and UAE.
Stephen Randall, global head of Liquidity Management Services at Citi, says: 鈥淓xpanding Citi Token Services into Japan and the UAE is an important milestone in scaling our network and bringing 24/7 liquidity solutions to more of the markets where our clients operate.
鈥淭hese are significant financial centres with substantial cross-border flows and connecting them to Citi Token Services gives clients greater optionality to move and manage liquidity across regions and currencies in real-time.鈥�
According to the firm, the expansions advance the ambition of Citi to deliver increasingly interoperable, multi-currency solutions across liquidity management and payments.
Kanika Thakur, head of Services for Japan, Asia North, and Australia at Citi, adds: 鈥淭he expansion of Citi Token Services into Japan connects clients in the market to Citi鈥檚 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.鈥�
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