Odaily Planet Daily reports that Citigroup Inc. has announced plans to launch a Bitcoin custody service on its institutional platform, Custody+, later this year, initially focusing on Bitcoin custody. Clients will be able to access both traditional and crypto asset custody services within the same framework. Citi stated that its Single Event Processing system enables continuous processing of custody transactions, with over 80% of events completed in real time and 96% of U.S. voluntary corporate actions settled within two hours. The platform also integrates settlement, foreign exchange, liquidity, tax, and market data services. Citi noted that its digital asset infrastructure supports the transfer of funds and securities outside traditional market hours, and enables near-instantaneous, 24/7 liquidity for tokenized deposits in select markets via Citi Token Services. In June, Citi also launched a blockchain-based securities custody service representing shares in private companies. (Bitcoin.com News)
Citigroup to Launch Bitcoin Institutional Custody Service in 2026
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Summary
Citigroup Inc. plans to launch a Bitcoin institutional custody service this year through its Custody+ platform, initially focusing on Bitcoin. The offering enables clients to manage both traditional and crypto assets within a single framework. Citi’s Single Event Processing system handles 80% of events in real time and 96% of U.S. voluntary corporate actions within two hours. Custody+ also integrates settlement, FX, liquidity, tax, and market data services. Citi supports asset transfers outside traditional business hours and provides near-instant liquidity for tokenized deposits. In June, it launched blockchain-based custody for private company shares, signaling further institutional adoption. This move brings new Bitcoin developments to institutional markets.
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