A report from Citi revealed that the financial institution has partnered with Solana and PwC to discover how payments of change may very well be tokenized and moved completely onchain.
- Solana claims that the financial institution has already represented the primary invoice of change as an onchain token and executed the whole lifecycle on its blockchain.
A report from Citigroup has revealed that the Wall Road large has been exploring the way it can faucet blockchain know-how to enhance world commerce at a time when tariffs, AI and world instability are having a major influence on world provide chains.
The 2026 Citi Provide Chain Financing report revealed that world commerce had been disrupted by Donald Trump’s tariffs, geopolitical tensions and different macro shocks. Nonetheless, provide chains have tailored, with rising know-how protecting them aggressive by decreasing prices and bettering pace. The report cited blockchain and AI as two applied sciences which have “had a profound influence on commerce and provide chains.”
Specifically, Citi talked about Solana, citing a joint undertaking with the blockchain community and Huge 4 audit agency PwC exploring methods to use tokenization to make the method of issuing payments of change simpler, quicker and cheaper.
The undertaking falls underneath Citi Commerce, the financial institution’s commerce financing arm. The report said:
Working with PwC and Solana, Citi has accomplished an inner proof of idea (PoC) that represented a invoice of change as a token on a blockchain and executed the whole lifecycle – issuance, financing, distribution, and settlement – in a simulated setting to check how Citi might translate an idea to actuality.
Whereas Citi says the undertaking remains to be underneath a proof-of-concept stage, Solana says the product is dwell. The undertaking claimed on X that Citi has represented a invoice of change on its community and executed its complete lifecycle, from issuance to settlement, onchain.
BREAKING: @Citi has represented a invoice of change as a token onchain and executed the whole lifecycle (from issuance to settlement) on Solana. pic.twitter.com/CyyQiz5Ysd
— Solana (@solana) February 11, 2026
International Commerce on Solana
Citi joins different world giants exploring Solana for his or her initiatives. One in every of Asia’s largest firms, Alibaba, is amongst them. As CNF reported this week, Alibaba launched new infrastructure that hastens Solana RPC nodes, which drastically reduces latency for high-frequency merchants.
Solana has additionally change into one of many foremost networks that Wall Road corporations are constructing on. Conventional finance corporations like WisdomTree have expanded entry to the community in current months. As a CNF report from earlier this 12 months revealed, the community began the 12 months by setting a brand new document on tokenized real-world property at $873 million.
Solana Basis president, Lily Liu, captured the community’s rise in a current interview on Bloomberg, stating that whereas Bitcoin has change into the principle crypto asset, Solana focuses on the infrastructure facet.
“Bitcoin is the asset. Solana is the infrastructure. It is monetary infrastructure for the web” – @calilyliu, @SolanaFndn pic.twitter.com/HTX4BSPQqn
— Solana (@solana) February 12, 2026
SOL has been hit by the market’s bearish stress, dipping over 10% previously week to commerce at $81.3. Since mid-January, the token has shed over 40%, wiping out over $35 billion.
