Citi to Launch Crypto Custody Service in 2026 as Wall Street Deepens Bitcoin Push

Bitcoin MagazineCiti to Launch Crypto Custody Service in 2026 as Wall Street Deepens Bitcoin Push Citi is reportedly planning to launch a crypto custody service by 2026. This post Citi to Launch Crypto Custody Service in 2026 as Wall Street Deepens Bitcoin Push first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Oct 14, 2025 - 03:15

Bitcoin Magazine

Citi to Launch Crypto Custody Service in 2026 as Wall Street Deepens Bitcoin Push

Citi is reportedly preparing to roll out a crypto custody service by 2026, joining a growing list of Wall Street institutions expanding into bitcoin and other assets due to a friendlier U.S. regulatory climate.

Biswarup Chatterjee, Citi’s global head of partnerships and innovation for its services division, told CNBC the bank has been developing its custody offering for over two years and plans to bring it to market “in the next few quarters.”

The service would allow Citi to hold native bitcoin and other crypto on behalf of clients, a significant move for one of the world’s largest custodians of traditional financial assets.

“We may have certain solutions that are completely designed and built in-house that are targeted towards certain assets and certain segment of our clients, whereas may we may use a third party, lightweight, nimble solution for other kind of assets,” Chatterjee told CNBC.

Earlier this month, Citigroup analysts issued a bullish 12-month outlook for bitcoin, setting a target of $181,000 and revising their year-end forecast to $132,000. They cited strong inflows of around $7.5 billion and rising institutional demand.

The analysts said they were more positive on bitcoin than ethereum, noting that bitcoin was capturing most of the new capital entering crypto markets and that a supportive U.S. regulatory backdrop could help sustain momentum into 2026.