Citi to offer institutional Bitcoin custody through new Custody+ platform
Tech & Launches ·
Citigroup has unveiled Custody+, a digital asset custody offering it plans to bring online later this year, with Bitcoin as the initial supported asset.
The bank describes Custody+ as a suite of custody tools operating on a near-real-time basis, built atop what it calls a shared digital asset architecture spanning both conventional and crypto holdings, according to wublockchain.xyz. The intent, per that architecture, is to let institutional clients manage traditional securities and digital assets through a single custody framework rather than separate systems.
Beyond safekeeping, the platform is set to bundle several adjacent functions: settlement processing on a near-instant timeline, cash and liquidity management, foreign exchange services, and market-intelligence tools powered by artificial intelligence. Citi is also pairing this rollout with its existing Token Services offering, which already allows tokenized deposits to move across select markets around the clock, every day of the week.
The announcement has been corroborated across multiple outlets, with cryptopotato.com and theblock.co both confirming the bank's plan to begin with Bitcoin custody before expanding further. Six distinct sources have reported on the launch, pointing to broad attention within the industry toward a major bank entering direct crypto custody.
Several accounts frame the go-live timing slightly differently, with some pointing to a 2026 launch window rather than simply "later this year," suggesting the exact rollout date has not been uniformly nailed down across reports. Also unaddressed in current disclosures are which digital assets beyond Bitcoin will eventually be supported, what fee structure institutional clients will face, and which specific markets will get access to the tokenized-deposit and settlement features first. Those details are likely to surface as Citi moves closer to the platform's actual launch.