Citi (C) plans to offer crypto custody services in 2026, enabling the bank to hold native digital assets like bitcoin and ether on behalf of clients, according to a report by CNBC.

The move marks another step by the Wall Street bank into the digital asset space. Biswarup Chatterjee, Citi’s global head of partnerships and innovation for services, said the custody solution has been in development for two to three years.

“We have various kinds of explorations,” Chatterjee told CNBC. “We’re hoping that in the next few quarters, we can come to market with a credible custody solution that we can offer to our asset managers and other clients.”

The custody plan would give institutional clients a regulated way to store crypto, a piece of infrastructure many traditional investors view as essentia

See Full Page