Citi Brings Bitcoin Custody to Institutional Clients

Citi is officially stepping into the digital asset space by launching Bitcoin custody services through its Custody+ platform. This move provides institutional clients with a way to hold their Bitcoin while keeping their traditional financial reporting and tax workflows in place.

The new service focuses on security and efficiency. It features 24/7 access to assets, professional key management, and faster settlement times. By blending crypto into existing banking infrastructure, Citi aims to remove some of the friction that keeps large firms from entering the digital market.

While the platform currently supports Bitcoin, the bank plans to include other digital assets as the service grows. Investors should watch how other major financial institutions respond, as this integration suggests a trend toward blending traditional banking with crypto custody solutions.