Banco do Brasil invested $5 million through its proprietary treasury in a digitally native structured note issued by Citi on Euroclear’s D-FMI platform.The bank described the investment as its first digital note transaction and the first deal of its kind involving a Latin American institution.Citi issued the structured note through its Luxembourg entity, while its London branch served as the issuance and payment agent.The note was issued, registered and managed through blockchain infrastructure designed to reduce processing steps and improve transaction traceability.