Citi Launches Institutional Bitcoin Custody Through Custody+ Platform
Citigroup is launching Citi Bitcoin custody through its Custody+ platform later in 2026, giving institutional clients access to Bitcoin and traditional assets under one framework.
The platform will connect custody with faster settlement, foreign exchange, and cash management services for Citi's institutional clients. Currently, over 80% of custody event volume processes in real-time, while 96% of U.S. voluntary events finish within two hours.
The launch comes after the SEC rescinded SAB 121 guidance in 2025, removing an accounting obstacle and retaining disclosure and risk assessment requirements for companies holding customer crypto assets.