Citi is preparing to add Bitcoin custody alongside traditional ***** ets as the banking giant builds out its digital ***** et infrastructure.
Announced on Tuesday, the service will be part of Custody+, a suite of custody and settlement tools. The bank said clients will be able to access traditional securities and crypto custody through the same framework.
The announcement expands on plans Citi revealed in October to launch institutional Bitcoin custody in 2026.
"Custody+ is the product of a multi-year commitment to building infrastructure that matches the speed of our clients' strategies," Amit Agarwal, Head of Custody at Citi Investor Services, said in a statement. "We have designed each solution to help clients simplify their operating models amid increasing complexities in the operating environment."
Citi said more than 80% of its ***** et-servicing event volume is now processed in real time. Its Citi Token Services platform also allows clients to move tokenized deposits nearly instantly, 24 hours a day, across select markets.
#citi #operating
Announced on Tuesday, the service will be part of Custody+, a suite of custody and settlement tools. The bank said clients will be able to access traditional securities and crypto custody through the same framework.
The announcement expands on plans Citi revealed in October to launch institutional Bitcoin custody in 2026.
"Custody+ is the product of a multi-year commitment to building infrastructure that matches the speed of our clients' strategies," Amit Agarwal, Head of Custody at Citi Investor Services, said in a statement. "We have designed each solution to help clients simplify their operating models amid increasing complexities in the operating environment."
Citi said more than 80% of its ***** et-servicing event volume is now processed in real time. Its Citi Token Services platform also allows clients to move tokenized deposits nearly instantly, 24 hours a day, across select markets.
#citi #operating
2 months ago
