
🚨 CITI MOVES TO OFFER BITCOIN CUSTODY FOR INSTITUTIONAL CLIENTS. NEW YORK, UNITED STATES - Citigroup is preparing to launch a Bitcoin custody service for institutional investors, marking one of the largest traditional financial institutions to fold digital assets into its core custody infrastructure. The bank, which safeguards trillions in conventional securities, plans to introduce the service through its Custody+ platform later this year. The rollout is part of a broader push to build real-time settlement and tokenized asset capabilities that operate around the clock. The new service will allow clients to hold Bitcoin without managing private keys, using the same workflows they rely on for stocks and bonds. Citi has spent several years developing the underlying technology, including a digital asset architecture designed to support both native crypto and tokenized versions of traditional assets. The bank has also been testing near-instant movement of tokenized deposits across select markets. Citi’s move follows similar steps by other major custodians that have begun integrating crypto into regulated frameworks. By starting with Bitcoin and embedding custody directly into its existing systems, the bank aims to make digital assets easier for institutions to adopt while keeping operational risk low.
