Global financial institution Citi has confirmed plans to launch cryptocurrency custody services by 2026, positioning itself as the latest major banking entity to formally enter the digital asset space. According to CNBC reporting, the banking giant will develop secure storage solutions for institutional clients seeking exposure to cryptocurrency markets.
The strategic move represents a significant milestone in traditional finance’s gradual embrace of digital assets, with Citi joining a growing list of established financial institutions expanding their service offerings to include cryptocurrency infrastructure. The custody services will provide institutional investors with regulated, secure storage options for their digital asset holdings, addressing a critical need in the evolving cryptocurrency ecosystem.
Industry analysts note that Citi’s entry into crypto custody signals continued institutional validation of digital assets as a legitimate asset class. The 2026 timeline allows for comprehensive regulatory compliance measures and technological infrastructure development, ensuring the services meet the stringent security standards expected from global financial institutions.
This development follows increasing client demand for regulated cryptocurrency services from traditional financial providers. Citi’s custody initiative reflects the banking sector’s recognition of digital assets’ growing importance in global finance and represents a strategic response to evolving market demands.
