Citibank plans to launch an institutional-grade Bitcoin custody service later this year.

PANews reported on February 27th that, according to Crowdfund Insider, Citigroup announced plans to launch a Bitcoin custody solution for institutional clients later in 2026, embedding Bitcoin directly into its core banking operations. The new platform will extend traditional tax reporting, regulatory compliance, and risk management processes to Bitcoin holdings, allowing investors to manage their Bitcoin positions within a unified system just like they would manage stocks or bonds. The platform supports 24/7 operation, SWIFT global transfers, and API connectivity, and is designed for institutional participants such as pension funds and insurance companies. The bank will build its own technology stack, including the Citigroup Integrated Digital Asset Platform, initially launching core custody functionality and gradually expanding to advanced services that enhance asset segregation and collateral management.