Citigroup Embarks on Cryptocurrency Expansion

Citigroup is making waves in the crypto space by exploring entry into the digital asset market. The financial giant, renowned for its extensive portfolio and regulatory expertise, is reportedly considering providing custody services for cryptocurrencies, a move driven by growing global interest in this burgeoning industry. With assets exceeding $2.5 trillion under management, Citigroup’s foray underscores its commitment to integrating cryptocurrency solutions within its existing infrastructure. A Reuters report details these plans as Citigroup deepens its involvement in the digital currency realm.