Citigroup Backs Stablecoin Firm BVNK in Major Crypto Infrastructure Push

**Citigroup's Strategic Investment Propels BVNK Stablecoin Platform to $750M Valuation**

Major banking giant Citigroup has made a significant cryptocurrency investment in London-based stablecoin infrastructure firm BVNK, pushing the company's valuation beyond $750 million. This strategic backing represents a pivotal moment for institutional adoption of digital assets and blockchain technology in traditional finance.

The investment comes as the US GENIUS Act creates a more favorable regulatory environment for stablecoins, boosting institutional confidence in cryptocurrency infrastructure. BVNK's platform focuses on enterprise-grade stablecoin solutions, positioning itself as a critical bridge between traditional banking and the emerging DeFi ecosystem.

Citigroup's entry into the stablecoin space signals growing Wall Street acceptance of digital currencies as legitimate financial instruments. The partnership is expected to accelerate BVNK's expansion into US markets, where demand for compliant cryptocurrency services continues surging among institutional investors.

This development highlights the increasing convergence of traditional finance and blockchain technology, as major banks recognize stablecoins' potential for cross-border payments, treasury management, and digital asset custody. The investment reinforces predictions that institutional crypto adoption will drive the next major bull market cycle.