Citigroup and Goldman Sachs have performed the very first equity swap over the Ethereum blockchain.

Citigroup and Goldman Reach a Milestone

Such a
swap is a milestone in the history of the blockchain. It is the first time that a major bank has used the blockchain to execute a swap.

The swap was executed between Citigroup and Goldman Sachs. The two banks have been working together for a long time. The swap was executed on the Ethereum blockchain.