Citi Advances Crypto Custody Plans with 2026 Launch in Sight
Citi is finalizing development of a regulated crypto custody service targeting institutional clients, with a full launch expected by 2026. The bank's hybrid model combines proprietary technology with third-party partnerships to securely hold native digital assets.
Biswarup Chatterjee, Citi's global head of partnerships and innovation, confirms the initiative has been in development for 2-3 years. The solution aims to address institutional concerns following high-profile exchange failures by providing compliant asset storage.
The tiered approach will offer customized solutions for different asset classes and client segments. This strategic MOVE positions Citi as a bridge between traditional finance and digital assets as institutional adoption accelerates.
