[Citi Launches Enterprise-Grade Tokenized Deposit Service in Japan and UAE] According to a report by NADA NEWS on September 29, as cited by Golden Finance, Citi announced on September 28 the launch of its enterprise-grade tokenized deposit service, 'Citi Token Services,' in Japan and the UAE. Japanese clients can transfer funds almost instantly to accounts in regions where the service is already available, such as the U.S., U.K., and Singapore. Japan supports USD transfers, enabling 24/7 cross-border transactions year-round, reducing reliance on bank cut-off times, holidays, and time zone differences. The tokenized deposits are backed by bank deposits and processed on a permissioned blockchain managed by Citi, without requiring new accounts or crypto wallets. The service now covers seven markets: the U.S., Ireland, Hong Kong, Singapore, the U.K., Japan, and the UAE.