{"id":13285,"date":"2025-10-13T20:12:51","date_gmt":"2025-10-13T20:12:51","guid":{"rendered":"https:\/\/bitunikey.com\/news\/citi-advances-crypto-custody-plans-with-2026-launch-in-sight\/"},"modified":"2025-10-13T20:12:54","modified_gmt":"2025-10-13T20:12:54","slug":"citi-advances-crypto-custody-plans-with-2026-launch-in-sight","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/citi-advances-crypto-custody-plans-with-2026-launch-in-sight\/","title":{"rendered":"Citi advances crypto custody plans with 2026 launch in sight"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Citi has reportedly entered the final stages of developing a credible crypto custody solution, with executives aiming to bring the service to its asset manager clients within the next several quarters for a full launch by 2026.<\/p>\n<div id=\"cn-block-summary-block_9d35e4e57d134f462db5c543a7871a88\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Citi is reportedly preparing to launch a crypto custody service by 2026, offering regulated storage for institutional clients\u2019 digital assets.<\/li>\n<li>The bank said it\u2019s developing a hybrid model using both in-house systems and third-party partnerships to hold native cryptocurrencies securely.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>On Oct. 13, CNBC <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/10\/13\/citi-aims-to-launch-crypto-custody-in-2026-exploring-stablecoin.html\" target=\"_blank\" rel=\"nofollow\">reported<\/a> that Biswarup Chatterjee, Citi\u2019s global head of partnerships and innovation, confirmed the 2026 target, revealing the bank has been architecting this service for the past two to three years.<\/p>\n<p>Chatterjee stated the bank is pursuing a hybrid model, weighing both in-house developed technology and partnerships with third-party firms to build a solution capable of holding native cryptocurrencies for institutional clients.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe may have certain solutions that are completely designed and built in-house that are targeted towards certain assets and certain segment of our clients, whereas may we may use a \u2026 third party, lightweight, nimble solution for other kind of assets,\u201d Chatterjee told CNBC.<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Citi creates a regulated path to crypto custody<\/strong><\/h2>\n<p>Citi\u2019s custody play can be seen as a risk mitigation service for institutions spooked by the history of exchange collapses and digital asset theft. By holding the native cryptocurrency itself, Citi aims to leverage its status as a heavily regulated entity with a long track record in safeguarding traditional assets.<\/p>\n<p>This bank-grade approach offers a stark alternative to the technical pitfalls of self-custody or the counterparty risks associated with some crypto-native platforms. The sheer scale of Citi\u2019s existing custody business provides a foundational layer of trust and operational resilience that is still rare in the digital asset space.<\/p>\n<p>Notably, the development deepens Citi\u2019s ongoing pivot toward blockchain-based financial infrastructure. Its crypto custody plans arrive as Wall Street peers like JPMorgan and Bank of America advance their own digital asset initiatives, from blockchain payment rails to tokenized deposits.<\/p>\n<p>Just days before Monday\u2019s announcement, reports surfaced that Citi had joined a consortium of banks, including Goldman Sachs, Deutsche Bank, Bank of America, and Santander, to explore stablecoin applications. The bank also recently invested in BVNK, a U.K.-based stablecoin infrastructure firm, signaling an intent to play a more active role in shaping the plumbing of digital finance.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Citi has reportedly entered the final stages of developing a credible crypto custody solution, with executives aiming to bring the service to its asset manager clients within the next several&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13285"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13285\/revisions"}],"predecessor-version":[{"id":13287,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13285\/revisions\/13287"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/13286"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}