Citi Crypto Custody Set To Begin With Bitcoin As Bank Expands Digital Assets
You are here:Home/Cryptocurrency News/Citi Crypto Custody Set to Begin With Bitcoin as Bank Expands Digital Assets Citi crypto custody initiatives are coming closer to fruition, with Citi revealing its. . .
You are here:Home/Cryptocurrency News/Citi Crypto Custody Set to Begin With Bitcoin as Bank Expands Digital AssetsCiti crypto custody initiatives are coming closer to fruition, with Citi revealing its intention to offer crypto custody solutions later in 2026, beginning with the custody of Bitcoin. The newly initiated crypto custody services will be offered via the recently revealed Custody+ platform, thus combining crypto custody with Citi’s traditional custody solutions. This enables institutional clients to handle both traditional and crypto assets from a single custody system. The news wasrevealedby Citi on August 18, and it stated that Custody+ would offer near- and real-time custody services that would be suitable for the fast-settlement and continuous trading markets. Also Read |GENIUS Act Takes Major Step as Treasury Proposes New Stablecoin Rules“Citi Crypto Custody” will start off by providing custodial services for Bitcoin, but it has yet to confirm which additional cryptocurrencies might be supported later on. According to Citi, “Citi Crypto Custody” is scheduled to launch later in the year due to the fact that digital assets do not have any downtime, as they work 24/7. Citi will leverage its digital asset architecture to link crypto custody services with its traditional custody. The method would provide an easier means for institutions to manage different classes of assets without having to use different custody arrangements. Citi Expands Its Digital Asset StrategyThis comes at a time when Citi has already announced its plans for launching its crypto custody services in 2026 but has not been able to reveal more details on when exactly this will be possible. Indeed, the banking giant has spent years preparing for its digital asset business. Specifically, in 2021, the bank boosted its cryptocurrency activities by hiring many people to join its digital asset team. This indicates that Citi still believes there is a need for institutional infrastructure for cryptocurrencies, especially amid increased participation of banks and other financial institutions in the digital asset market. Bitcoin Leads Citi’s Crypto PushBitcoin will be the initial basis for Citi crypto custody services, although the bank has yet to reveal if other assets like Ethereum or any other cryptocurrency will eventually be accepted. This move comes at a time when there has been increased institutional demand for the custody of Bitcoin. There is rising demand by financial firms for a regulated system to accommodate digital assets, along with traditional financial products. Citi’s strategy could also help bridge the gap between traditional finance and cryptocurrency by allowing clients to access both services through one platform. Citi will see its latest venture into the world of cryptocurrencies with the launch that is scheduled to happen soon. Following the launch of the Bitcoin custody services, the next steps planned by the bank regarding other digital assets would be the focus of attention for many crypto players. Also Read |SEC Delay Leaves 2 Key Questions for Tokenized SecuritiesAboutZagham AbbasZagham Abbas is a Blockchain Infrastructure Reporter at Tron Weekly with over five years of experience covering cryptocurrency markets, blockchain infrastructure, and digital asset regulation. His reporting focuses on core blockchain networks, protocol-level developments, decentralized finance ecosystems, and major assets such as Bitcoin, Ethereum, and altcoins. Zagham covers network upgrades, protocol changes, scalability developments, security incidents, and ecosystem adoption across leading blockchain platforms. He also provides market analysis, explaining how infrastructure updates and regulatory actions impact digital asset markets. His work delivers clear, fact-based reporting for both beginners and experienced readers. He holds a Bachelor of Arts degree and follows strict editorial and fact-checking standards at Tron Weekly. 🔗 Connect on LinkedIn