Banking Giant to Launch Digital Asset Custody by 2026
- Citi aims to offer institutional custody of native crypto in 2026 after several years of development.
- The bank intends a hybrid approach by building some custody tech in-house while using nimble third-party solutions for other assets.
- The effort sits alongside Citi Token Services and comes as US regulatory moves ease bank participation in the crypto space.
Citi is preparing to launch a cryptocurrency custody service for institutional investors by 2026, marking another step by a major Wall Street institution into the digital asset market. The service, in development for around two to three years, will allow the bank to hold native crypto assets such as Bitcoin and Ether on behalf of clients.
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