{"id":5042,"date":"2025-10-13T23:18:04","date_gmt":"2025-10-13T23:18:04","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/13\/citi-to-launch-crypto-custody-service-in-2026-as-wall-street-deepens-bitcoin-push\/"},"modified":"2025-10-13T23:18:04","modified_gmt":"2025-10-13T23:18:04","slug":"citi-to-launch-crypto-custody-service-in-2026-as-wall-street-deepens-bitcoin-push","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/13\/citi-to-launch-crypto-custody-service-in-2026-as-wall-street-deepens-bitcoin-push\/","title":{"rendered":"Citi to Launch Crypto Custody Service in 2026 as Wall Street Deepens Bitcoin Push\u00a0"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Citi to Launch Crypto Custody Service in 2026 as Wall Street Deepens Bitcoin Push\u00a0<\/a><\/p>\n

<\/div>\n

Citi is reportedly preparing to roll out a crypto custody service by 2026, joining a growing list of Wall Street institutions expanding into bitcoin and other assets due to a friendlier U.S. regulatory climate.<\/p>\n

Biswarup Chatterjee, Citi\u2019s global head of partnerships and innovation for its services division, told CNBC<\/a> the bank has been developing its custody offering for over two years and plans to bring it to market \u201cin the next few quarters.\u201d\u00a0<\/p>\n

The service would allow Citi to hold native bitcoin and other crypto on behalf of clients, a significant move for one of the world\u2019s largest custodians of traditional financial assets.<\/p>\n

\u201cWe may have certain solutions that are completely designed and built in-house that are targeted towards certain assets and certain segment of our clients, whereas may we may use a third party, lightweight, nimble solution for other kind of assets,\u201d Chatterjee told CNBC.<\/p>\n

Earlier this month, Citigroup analysts issued<\/a> a bullish 12-month outlook for bitcoin, setting a target of $181,000 and revising their year-end forecast to $132,000. They cited strong inflows of around $7.5 billion and rising institutional demand.\u00a0<\/p>\n

The analysts said they were more positive on bitcoin than ethereum, noting that bitcoin was capturing most of the new capital entering crypto markets and that a supportive U.S. regulatory backdrop could help sustain momentum into 2026.<\/p>\n

\n

JUST IN: Wall Street giant Citi bank to launch #Bitcoin<\/a> and crypto custody services in 2026 \u2014 CNBC pic.twitter.com\/awPWDITXkx<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) October 13, 2025<\/a>\n<\/p><\/div>\n

Banking and holding custody of digital assets<\/h2>\n

Custody \u2014 the safekeeping of client assets \u2014 is considered one of the most crucial and challenging aspects of institutional crypto adoption. Just today, JPMorgan said<\/a> they would not directly hold their clients\u2019 crypto.\u00a0<\/p>\n

While specialist firms like Anchorage and BitGo have dominated the space, large banks see an opening to offer regulated alternatives backed by decades of experience safeguarding securities.<\/p>\n

Citi\u2019s crypto embrace comes as Washington has taken steps to provide clearer rules<\/a> for digital assets through measures such as the GENIUS Act, giving major financial institutions confidence to develop crypto-related products.<\/p>\n

Citi\u2019s exploration of custody runs parallel to its broader blockchain efforts, including Citi Token Services<\/em>, which enables real-time cross-border payments using tokenized deposits.<\/p>\n

\u00a0The bank is also studying stablecoins \u2014 digital tokens typically backed by fiat currency \u2014 as tools for global trade and payments in regions with less-developed banking systems.<\/p>\n

Other banks are advancing similar initiatives As mentioned earlier, JPMorgan recently unveiled <\/a>plans for a deposit token, while Bank of America is reportedly developing a stablecoin product.\u00a0<\/p>\n

This post Citi to Launch Crypto Custody Service in 2026 as Wall Street Deepens Bitcoin Push\u00a0<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Citi to Launch Crypto Custody Service in 2026 as Wall Street Deepens Bitcoin Push\u00a0 Citi is reportedly preparing to roll out a crypto custody service by 2026, joining a growing list of Wall Street institutions expanding into bitcoin and other assets due to a friendlier U.S. regulatory climate. Biswarup Chatterjee, Citi\u2019s global head […]<\/p>\n","protected":false},"author":0,"featured_media":5043,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5042","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5042"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5043"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}