Bitcoin lands on the same custody rails Citi uses for equities and bonds

Citi will begin holding bitcoin for institutional clients later this year. The bank is rolling the cryptocurrency into Custody+, the same platform its Investor Services arm uses for traditional securities, it said Tuesday.

The move matters to asset managers who have wanted a regulated US bank, not a crypto-native company, to custody digital assets.

Citi uses one framework for tokens and traditional securities

Citi is merging digital asset custody into Custody+, a new Investor Services platform focused on markets that trade 24/7 and settle faster than the old T+1 beat. Clients will be able to reach both their traditional holdings and their bitcoin in one place.

Citi said the crypto service is built on a common digital-asset architecture. That same platform already moves tokenized deposits almost instantly, 24 hours a day, in select markets.

Bitcoin is the first token supported. Custody+ also bundles in real-time asset servicing, instant settlement, liquidity tools, and what Citi calls AI-powered market intelligence.

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