Livecoins

Citi Makes Historic Move: Bitcoin Custody Service Coming in 2026

August 18, 2026•10:51 AM

Citi, one of the world's largest financial institutions, has just announced the launch of its cryptocurrency custody service, 'Custody+', with initial focus on Bitcoin. This initiative represents a paradigm shift in traditional finance, marking the definitive entry of a banking giant into the cryptocurrency universe. The service is scheduled to be available by 2026, allowing the bank's clients to utilize these resources for their own clients.

This move by Citi signals a growing maturation and acceptance of cryptocurrencies by the financial establishment. The measure not only validates Bitcoin as an asset worthy of institutional trust but also opens doors for greater adoption of other cryptocurrencies in the future. With Citi offering custody services, a significant increase in confidence from other major market players is expected, potentially accelerating the integration of digital assets into the traditional financial system.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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