Citigroup, PwC and Solana Complete Trade Finance Tokenization Proof-of-Concept

Citigroup, PwC and Solana completed a proof-of-concept for trade finance tokenization, BlockBeats reports on March 16. The framework allows suppliers to issue tokenized payment certificates that can be sold to banks at a discount, enabling immediate settlement instead of waiting for months. The development marks another step by major traditional financial institutions in exploring real-world assets on the Solana blockchain.