Citi Plans Cryptocurrency Custody Service in 2026, Signaling Wall Street’s Entry into Digital Assets

Citigroup is set to launch a cryptocurrency custody service for asset managers and clients within the next few quarters, marking an expansion into the digital asset space by one of Wall Street’s biggest players. The move follows years of exploration in the field, with Citi reporting significant progress on its platform development. 2026 marks the anticipated launch date of this service, a step forward for financial institutions that have been cautious about cryptocurrencies like Bitcoin and Ethereum previously.