Citi Launches Bitcoin Custody for Institutional Clients
Citi is set to begin holding Bitcoin for institutional clients through its Custody+ platform later this year. This move will allow institutions to hold digital assets alongside traditional securities, such as stocks and bonds.
The news strengthens the infrastructure for institutional crypto custody and security, which could boost adoption and demand by bridging traditional finance and digital asset services. Citi's Investor Services platform will be used for both Bitcoin and traditional securities.