Business
February 12, 2026
The Citigroup Solana tokenization has caught the attention of the cryptocurrency market. The banking giant reportedly made an on-chain invoice process employing the Solana blockchain. Citi’s latest move stands out as invoices are typically processed through traditional banking systems.
The development marks a major step toward increased Solana institutional adoption. Through this, financial transactions can be processed faster, and it is easier to track.
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How Citigroup’s Solana Tokenization Accelerates RWA Crypto Adoption
Through the Citi SOL tokenization initiative, the bank carried out a transaction entirely on-chain. This included issuance to settlement employing smart contracts. The banking giant’s latest move is not just a blockchain test run. It’s a clear sign that banks are shifting from traditional to digital financial instruments.
This is pertinent for RWA crypto due to institutional involvement. When banking giants like Citigroup use Solana for real transaction workflow, it reduces the psychological barrier for other institutions. This further boosts Solana’s institutional adoption, as public blockchains can handle more than just retail trading.
Citigroup currently operates in more than 160 countries. The bank is currently developing its CIDAP tokenization platform and has indicated plans to roll out crypto custody services in 2026.
More simply put, Citigroup’s Solana tokenization moves RWA crypto closer to real-world use rather than just a crypto trend. If Citi’s crypto custody services expand alongside tokenization efforts, it could position the bank as a notable player in institutional blockchain finance.
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It should be noted that JPMorgan was one of the earliest traditional banks to explore tokenized assets. BlackRock, on the other hand, filed for and even launched products like tokenized funds and Ethereum-based ETFs. All these financial institutions are clearly looking at blockchain technology as more than just hype.
How Will This Impact Solana’s Price?
Citigroup’s Solana tokenization might not directly drive the price of SOL. But developments like this often add to the broader sentiment and narrative. Institutional activity, like banks testing real-world tokenized assets, could build longer-term utility and adoption.
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At press time, SOL was trading at $80.80. This comes after a nearly 12% downfall throughout the past week.
