Citi issued its first digitally native structured note on Euroclear’s Digital Financial Market Infrastructure (D-FMI) distributed ledger technology platform, marking a milestone for both the bank and the wealth management industry.

The transaction represents the first structured note issued on Euroclear’s D-FMI platform and demonstrates how distributed ledger technology can streamline the issuance and settlement of traditional financial products. The note was issued under English law by Citigroup Global Markets Funding Luxembourg.

Citi said the deal highlights its efforts to expand digital asset solutions and integrate blockchain-based infrastructure into capital markets, aiming to improve efficiency, transparency and scalability in financial transactions.