Citibank to Launch Institutional Bitcoin Custody by Late 2026

Citibank plans to integrate Bitcoin into its core banking services by late 2026, offering institutional-grade custody, key management and wallet systems, Nisha Surendran said at a Strategy industry event, Odaily Planet Daily reports. The platform will extend traditional tax reporting, compliance oversight and risk management processes to Bitcoin holdings and support 24/7 operations, SWIFT global payment messaging and API connectivity. Citibank, which manages approximately $30 trillion in assets, will first launch core custody functions, with later phases adding asset segregation and collateral management for institutional investors such as pension funds and insurance companies.