Crypto assets
26 of 521 companies dropped a paragraph in Risk Factors that uses one of these words:
cryptocurrency, cryptocurrencies, bitcoin, digital assets, stablecoin.
The paragraph was in the earlier 10-K and nothing like it is in the latest.
It counts text; it does not say how serious a risk is. Words in capitals only (such as AI) must be in capitals.
By sector
Sector is the SEC's industry description of the company. Each count opens that sector's quotes below.
| Sector | Companies | Compared |
|---|---|---|
| Retail-Computer & Computer Software Stores | 1 | 1 |
| Finance Services | 16 | 28 |
| Security & Commodity Brokers, Dealers, Exchanges & Services | 2 | 4 |
| Services-Prepackaged Software | 4 | 19 |
| Security Brokers, Dealers & Flotation Companies | 1 | 7 |
| National Commercial Banks | 1 | 11 |
| Services-Business Services, NEC | 1 | 16 |
526 paragraphs · National Commercial Banks show all sectors
In addition, emerging technologies have the potential to intensify competition and accelerate disruption in the financial services industry. Clients and investors have shown increased interest in these technologies, prompting financial services firms and other market participants to develop related products and services. As blockchain and digital assets continue to evolve, customer demand for enhanced offerings may increase. Failure to strategically embrace the potential of emerging technologies may result in a competitive disadvantage to Citi. The new U.S. administration has stated its support for the growth and use of digital assets and
Read in the 10-K filed Feb 21, 2025 ↗