The bank can then choose to package them into mortgage-backed securities or sell them.Management Remarks"We're pleased to have secured this investment from Citi, which marks a significant milestone for Pylon," said Trent Hedge, founder and CEO of Pylon. "Our connectivity with Citi's mortgage trading desk delivers the same unobstructed access to Wall Street that was previously only available to the largest market participants," Hedge added."Pylon's next-generation, multi-product platform is built on an intelligent core. We're excited to launch this strategic initiative and deliver the scale of our industry-leading Spread Products business to Pylon," said Patrick Brett, head of Citi SPRINT Investments.Citigroup's Zacks Rank & Price PerformanceShares of Citigroup have gained 15.3% over the past six months compared withthe industry's growth of 28.8%.