The Daily Hodl
Citi Makes Major Move: Bitcoin Custody Coming to Institutional Banking
August 19, 2026•08:45 AM
Citi Investor Services has officially launched Custody+, a suite of near- and real-time custody solutions designed specifically for institutional clients, with Bitcoin digital asset custody set to go live later this year. This strategic move positions one of the world's largest traditional financial institutions firmly in the digital asset space.
The introduction of Bitcoin custody by Citi represents a significant validation of cryptocurrency as a legitimate asset class within traditional finance. With Custody+, the banking giant is addressing the growing demand for secure, efficient operational solutions from asset managers and investment funds, potentially accelerating Bitcoin's integration into global institutional portfolios and signaling broader acceptance across the financial industry.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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