Citi Plans to Launch Crypto Custody Services in 2026: CNBC

Decrypt neutral
Citi Plans to Launch Crypto Custody Services in 2026: CNBC

Citi will offer crypto custody services in 2026, becoming the latest mainstream financial entity to delve deeper into crypto, CNBC reported.

Article Summary

Citigroup is set to launch cryptocurrency custody services in 2026, marking another major Wall Street bank's strategic entry into the digital asset ecosystem. This groundbreaking move positions Citi alongside other traditional financial institutions embracing Bitcoin, Ethereum, and broader blockchain technology adoption. The crypto custody announcement signals growing institutional confidence in cryptocurrency markets, potentially driving increased Bitcoin adoption and DeFi integration across traditional banking services. Citi's planned digital asset custody solutions will cater to institutional clients seeking secure cryptocurrency storage and management services. This development represents a significant milestone for cryptocurrency mainstream acceptance, as major banks continue expanding their blockchain-based offerings. The 2026 launch timeline suggests Citi is taking a measured approach to cryptocurrency custody, allowing time for regulatory clarity and robust infrastructure development. Market analysts view this announcement as bullish for Bitcoin price action and overall cryptocurrency market sentiment. Citi's entry into crypto custody services could accelerate institutional cryptocurrency investment, potentially influencing Bitcoin's long-term trajectory and strengthening the bridge between traditional finance and decentralized financial systems.

Article Details

Source
Decrypt
Published
October 13, 2025 at 08:42 PM
Sentiment
neutral
Type
Article
Category
bitcoin
Topics
CryptoNews

Related Articles