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Banco do Brasil completes $5M digital note trade, LatAm first

Banco do Brasil invested $5 million of its own funds in a digitally native structured note issued by Citi via Euroclear’s digital financial market infrastructure, marking the first such trade in Latin America. The bank said blockchain enables native digital assets, reducing operational steps and enhancing traceability. Citi’s Roksolana Dushynska noted DLT boosts capital market efficiency, transparency, and investor access.

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