BlockBeats report: On February 27, global financial giant Citibank announced it will launch a Bitcoin custody solution for institutional clients in 2026, integrating digital assets into its core banking infrastructure. The plan was revealed by Nisha Surendran, head of digital asset custody, at an industry event.
Citibank stated that the new platform will provide institutional-grade custody, key management, and wallet systems, supporting 24/7 operations, SWIFT messaging, and API integration, while extending tax reporting, compliance management, and risk control processes to Bitcoin holdings, enabling institutional investors to manage digital assets as they would stocks or bonds.
Citi currently manages approximately $30 trillion in assets. The company plans to initially launch core custody services, followed by advanced offerings such as asset segregation and collateral management. Industry experts believe this move could further encourage traditional capital allocation to Bitcoin, though it must still navigate challenges including regulatory evolution and cybersecurity.