Citi is taking a nuanced, hybrid approach to building its forthcoming crypto custody service, aiming for a 2026 launch.
Executive Biswarup Chatterjee revealed the bank is avoiding a one-size-fits-all solution, instead developing certain proprietary technologies in-house while simultaneously partnering with external “lightweight, nimble” providers for other assets.
This flexible architecture, designed over the past two to three years, will allow Citi to hold native cryptocurrencies directly, leveraging its foundational layer of operational resilience to serve a diverse institutional clientele.