Citi Plans 2026 Launch for Crypto Custody Service, Targeting Institutional Clients

Citibank is stepping into the digital asset space with plans to launch a cryptocurrency custody service by 2026. This move, part of Citi’s broader strategy to integrate digital assets into its infrastructure offerings, will cater specifically to institutional clients and asset managers seeking secure storage solutions for cryptocurrencies. Biswarup Chatterjee, Citi’s global head of Partnerships & Innovation, explained that the bank is developing a “credible custody solution” combining internal technologies with partnerships to provide services tailored for diverse use cases and assets classes.