On August 13th, an internal memo revealed Citigroup's decision for its market division's global head of digital assets, Shobhit Maini, to leave his position. Maini has spent over 14 years at Citigroup, during which he led the digital assets team. In last week's memo, Citigroup's head of markets, innovation, and investment, Lee Smallwood, stated that Maini's departure was due to the pursuit of entrepreneurial opportunities within the digital assets sector. Deepak Mehra, who is currently the global head of strategic investments at Citigroup markets, will now take over Maini's role as the global head of digital assets. This transition highlights Citigroup's ongoing interest and strategic adjustments in the digital assets sector.