{"id":214873,"date":"2026-08-18T15:24:52","date_gmt":"2026-08-18T15:24:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=214873"},"modified":"2026-08-18T15:24:52","modified_gmt":"2026-08-18T15:24:52","slug":"citi-to-debut-bitcoin-custody-for-institutional-investors","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=214873","title":{"rendered":"Citi to Debut Bitcoin Custody for Institutional Investors"},"content":{"rendered":"

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

Citi to Debut Bitcoin Custody for Institutional Investors<\/a><\/p>\n

<\/div>\n

Citi will debut a bitcoin custody service later this year. The top bank said Tuesday that its Custody+ product will allow institutional investors to custody both traditional assets and bitcoin within one framework, rather than needing separate systems.\u00a0<\/p>\n

The bank first announced<\/a> plans to debut a digital asset custody service last year. It said at the time that it had been developing the service for several years.\u00a0<\/p>\n

Citi is the latest American bank to move deeper into the digital asset space following friendlier legislation and pro-crypto approach from U.S. regulators.\u00a0<\/p>\n

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JUST IN: $2.8 trillion bank Citi announces they will go live with Bitcoin custody services later this year pic.twitter.com\/hfIZIJIh7o<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) August 18, 2026<\/a>\n<\/p><\/div>\n

\u201cCustody+ is a clear example of this investment as we build infrastructure to eliminate latency and drag for institutional investor clients,\u201d Head of Investor Services at Citi, Chris Cox, said<\/a> in a statement.<\/p>\n

The service, according to Citi, will let clients process every asset servicing transaction through a \u201csingle seamless flow.\u201d<\/p>\n

Clients will get continuous, near-instant visibility and execution across servicing, settlement, FX, cash, and data \u2014 plus the flexibility to plug in digital assets or build their own offerings on top of Citi\u2019s rails \u2014 instead of being locked into a single standardized custody workflow.<\/p>\n

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

The firm since last year has also been working with other top banks \u2014 including Deutsche Bank, Goldman Sachs, and Bank of America \u2014 to explore issuing a stablecoin product.<\/p>\n

Speaking about the long-awaited crypto Clarity Act last week, Citigroup CEO Jane Fraser said that the bank was a \u201cleader in digital assets.\u201d She added that while the legislation needed some improvements, the bank wanted a \u201cgood bill to go through.\u201d<\/p>\n

The Clarity Act, which aims to define which tokens qualify as securities versus commodities, is the latest pro-crypto legislation. Lawmakers will vote on the bill in September.\u00a0<\/p>\n

This post Citi to Debut Bitcoin Custody for Institutional Investors<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Citi to Debut Bitcoin Custody for Institutional Investors Citi will debut a bitcoin custody service later this year. The top bank said Tuesday that its Custody+ product will allow institutional investors to custody both traditional assets and bitcoin within one framework, rather than needing separate systems.\u00a0 The bank first announced plans to debut […]<\/p>\n","protected":false},"author":0,"featured_media":214874,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-214873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/214873"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=214873"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/214873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/214874"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=214873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=214873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=214873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}