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Citigroup to Launch Crypto Custody Services in 2026 After 3-Year Prep

Citigroup announces plans to launch cryptocurrency custody services by 2026 after 3 years of preparation. Major bank's entry signals institutional validation of digital assets.

This development matters because it represents a major validation of cryptocurrency by traditional finance, potentially accelerating institutional adoption and bringing greater legitimacy to digital assets. For individual investors, it means more secure storage options through established financial institutions they already trust. The entry of major banks like Citigroup into crypto custody could lead to increased regulatory clarity, improved security standards, and broader accessibility to cryptocurrency investments for mainstream investors who have been hesitant to enter the space through less traditional channels.