Express
Citibank plans to launch cryptocurrency custody services in 2026
Summary: According to CNBC, Citibank is planning to launch cryptocurrency custody services in 2026, as reported on October 13. A senior executive of the bank mentioned in an interview that this move demonstrates traditional financial institutions accelerating their entry into the digital currency arena. Biswarup Chatterjee, Global Head of Citibank's Service Business, stated that the bank ...
According to CNBC, Citibank is planning to launch cryptocurrency custody services in 2026, as reported on October 13. A senior executive of the bank mentioned in an interview that this move demonstrates traditional financial institutions accelerating their entry into the digital currency arena. Biswarup Chatterjee, Global Head of Citibank's Service Business, stated that the bank has been developing cryptocurrency custody services over the past two to three years and has made substantial progress. Chatterjee mentioned, 'We are exploring various aspects and hope to introduce a reliable custody solution in the coming quarters for our asset management clients and other institutional clients.'
