Citi to Launch Crypto Custody Service by 2026
Citi plans to roll out its crypto custody service in 2026, signaling Wall Street's growing embrace of digital assets.
- Citi will introduce its crypto custody service in 2026.
- The move reflects Wall Street’s expanding interest in digital assets.
- The service will focus on safeguarding tokenized securities.
Citi, one of the world’s largest financial institutions, is set to launch its crypto custody service in 2026. This move underscores the growing confidence of major Wall Street firms in the long-term potential of digital assets. According to reports, Citi’s upcoming service will primarily focus on the safekeeping of tokenized securities, such as digital versions of bonds or other financial assets.
Crypto custody services are essential for secure storage and management of digital assets, especially for institutional investors. By offering this service, Citi aims to provide a trustworthy infrastructure for clients who want to venture into blockchain-based investments.
Why Crypto Custody Matters
Custody is one of the key pillars of a functioning financial market. In the traditional finance world, custodians are responsible for safeguarding assets like stocks and bonds. In the crypto world, where assets are stored on decentralized blockchains, secure custody becomes even more crucial.
Citi’s involvement could mark a turning point for broader institutional adoption of crypto. Unlike retail-focused services, Citi is building infrastructure for regulated financial assets that live on blockchain networks. This is part of a larger industry shift where traditional finance is embracing tokenization as a way to improve efficiency, transparency, and access.
Citi Joins a Larger Trend
Citi isn’t alone. Other major players like JPMorgan, BNY Mellon, and Fidelity have already entered the digital asset space, offering their own forms of crypto custody or blockchain-based services. With regulatory frameworks becoming clearer, big banks are positioning themselves to capture market share in this evolving sector.
By setting a timeline for a 2026 launch, Citi signals that it sees long-term value in blockchain-based finance. This move could help legitimize tokenized assets and attract more institutional money into the ecosystem.
