Citi Adds Bitcoin Custody to New Suite for 2026 Launch

Banking giant Citi just announced a new digital asset custody platform called Custody+ on Tuesday, with plans to launch Bitcoin custody later this year. While the bank did not share an exact month or client tier, the move marks a major milestone for traditional finance. Citi stated that Bitcoin is the only digital asset in scope at the start, leaving other cryptocurrencies outside the initial rollout.

The new service is designed to help institutional investors who need fast settlement times and round the clock operations. Citi noted that its upgraded technology already processes the vast majority of event volume in real time. By offering Bitcoin alongside traditional assets like equities and bonds, the bank aims to attract funds that previously struggled to approve crypto native custodians.

This project has been years in development, following regulatory shifts that made it easier for traditional banks to handle customer crypto. While competitors like BNY already offer similar services, Citi entering the space gives institutional allocators another major option. Traders and investors should watch for further announcements regarding the exact launch date and key management details later this year.