Citi is preparing to launch its cryptocurrency custody service in 2026, following several years of discreet development. This move marks a significant step for the financial institution as it seeks to enter the growing digital asset market. The decision to establish a crypto custody service reflects the increasing interest and demand for secure storage solutions for cryptocurrencies among institutional investors. By offering this service, Citi aims to position itself as a key player in the evolving landscape of digital finance. The development of this service has been ongoing for some time, indicating Citi’s commitment to exploring opportunities within the cryptocurrency sector. As the launch date approaches, the financial community is keenly observing how Citi’s entry into crypto custody will impact the market and influence other financial institutions to follow suit.
