Curated News
By: NewsRamp Editorial Staff
October 17, 2025
Citigroup to Launch Crypto Custody Services in 2026 After 3-Year Prep
TLDR
- Citigroup's 2026 crypto custody launch gives investors a trusted institutional advantage in the growing digital asset market.
- Citigroup is launching cryptocurrency custody services in 2026 after three years of development and internal testing.
- Major banks embracing crypto custody brings legitimacy and security to digital assets, advancing financial inclusion worldwide.
- After years of preparation, Citigroup joins the crypto revolution with institutional-grade digital asset custody services.
Impact - Why it Matters
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.
Summary
Citigroup, one of the world's largest financial institutions, is making a significant move into the cryptocurrency space by preparing to launch digital asset custody services by 2026. This strategic entry follows three years of intensive development and internal testing, as confirmed by Biswarup Chatterjee, the bank's global head of innovation and partnerships. The announcement signals a major validation of the cryptocurrency market by traditional finance, with established crypto firms like MARA Holdings Inc. (NASDAQ: MARA) welcoming the development as evidence that major financial institutions are now taking digital assets seriously and incorporating them into their service offerings.
The news was reported by CryptoCurrencyWire, a specialized communications platform focused on blockchain and cryptocurrency sectors that operates within the Dynamic Brand Portfolio of IBN. This platform provides comprehensive distribution services including wire solutions through InvestorWire, article syndication to over 5,000 outlets, enhanced press release optimization, and extensive social media distribution to millions of followers. The timing of Citigroup's announcement comes as institutional interest in cryptocurrency continues to grow, with major banks recognizing the need to provide secure storage solutions for digital assets as more clients seek exposure to this emerging asset class.
Citigroup's entry into the crypto custody space represents a watershed moment for the industry, demonstrating that traditional financial giants are moving beyond mere observation to active participation in the digital asset ecosystem. The three-year preparation period indicates the careful consideration and regulatory compliance measures the bank has undertaken before launching these services. This development follows similar moves by other major financial institutions but stands out due to Citigroup's global reach and established reputation in traditional finance, potentially paving the way for broader institutional adoption of cryptocurrency services across the banking sector.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Citigroup to Launch Crypto Custody Services in 2026 After 3-Year Prep
