Citigroup Head of Digital Assets Departs Bank

Shobhit Maini to Exit After 14 Years

Departure Comes Amidst Growing Focus on Cryptocurrency

Citigroup's global head of digital assets for its markets unit, Shobhit Maini, is leaving the bank after over 14 years with the firm. Maini's departure comes at a time when the company is increasing its focus on cryptocurrency and digital markets.

Maini joined Citigroup in 2008 and has held multiple leadership positions in the financial industry. He has been instrumental in driving the company's strategic digital asset initiatives, including blockchain and cryptocurrency investments.

Citigroup has been actively exploring the potential of digital assets, investing in blockchain technology and launching new products and services for its clients. The company's interest in this growing area confirms the increasing adoption and acceptance of digital assets within the financial sector.