Bitcoin custody will join Citi’s broader institutional platform later this year, combining crypto and traditional asset services. The expansion connects digital assets with infrastructure built for continuous markets and faster settlement.
Key Takeaways
Citi expects to launch institutional bitcoin custody later this year.More than 80% of Citi’s total event volume is processed in real time.Clients will access crypto and traditional custody in one framework.The bank presented the planned service as a bridge between conventional securities infrastructure and digital assets: “Citi expects to go live with digital asset custody later this year, starting with the custody of bitcoin. This is being built on Citi’s common digital asset architecture and we will offer a one-stop custody experience.” The bank added:
“Clients will access traditional and crypto custody capabilities within the same framework for an integrated experience.”
Real-Time Processing Extends Across Custody OperationsBehind the digital asset plan, Citi uses its Single Event Processing system to process custody transactions continuously across domestic and global markets. More than 80% of Citi’s total event volume is processed in real time, while 96% of all U.S. voluntary events, such as tender offers or optional dividend elections, are processed within two hours.
Regulatory Changes Support Institutional ExpansionRound-the-clock liquidity is already available through another part of the bank’s institutional infrastructure. The announcement states:
“Through Citi Token Services, we are enabling the near-instantaneous movement of tokenized deposits on a 24/7 basis across select Citi markets.”
