Citi plans to offer bitcoin custody to institutional clients later this year through its Custody+ platform, according to ChainCatcher. The service is designed to place bitcoin within the same custody framework used for traditional assets such as stocks and bonds, allowing clients to access custody, settlement, foreign exchange, cash and liquidity services through a single system. Bitcoin will be the first digital asset supported under the new custody service, though Citi has not disclosed a launch date or named any initial clients.
Custody+ is being launched by Citi Investor Services. Citi said its custody business covers more than 100 markets and that it operates a proprietary custody network in 62 markets. The bank said it wants to custody native digital assets itself rather than rely only on external exchanges or other digital asset firms. The project has been in development for about two to three years, and Citi first disclosed the plan in 2025. The platform is also set to provide real-time settlement, foreign exchange services, auto-hedging, cash management and liquidity tools. Citi added that its Single Event Processing system now handles more than 80% of event volumes in real time, while in the US it has cut processing time for some voluntary corporate actions by as much as 92%, with 96% of those events completed within two hours.
Citi plans to offer bitcoin custody to institutional clients later this year through its Custody+ platform, according to ChainCatcher.
The service will place bitcoin in the same custody framework as traditional assets including stocks and bonds. Clients will be able to use custody, settlement, foreign exchange, cash and liquidity services through a single system. Bitcoin will be the first digital asset supported by Citi’s new custody service, although the bank has not announced a specific launch date or the names of its first clients.
What Custody+ will include
Custody+ is being launched by Citi Investor Services. Citi’s custody business covers more than 100 markets, and the bank operates its own custody network in 62 markets.
Citi said its goal is for the bank to custody native digital assets directly instead of relying only on external exchanges or other digital asset companies. The project has been under development for about two to three years, and Citi first disclosed the plan in 2025.
According to the company, Custody+ will provide real-time settlement, foreign exchange services, auto-hedging, cash management and liquidity tools.
Processing metrics disclosed by Citi
Within its custody system, Single Event Processing now handles more than 80% of event volumes in real time. In the United States, the system has reduced processing time for some voluntary corporate actions by as much as 92%, and 96% of those events can be completed within two hours.
Chris Cox, head of Citi Investor Services, said Citi invests more than $2 billion each year in its Services platform.
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