Citi Token Services already moves tokenized deposits near-instantly on a 24/7 basis across select markets, and Bitcoin custody extends that same foundation into digital assets.
“Custody+ is the product of a multi-year commitment to building infrastructure that matches the speed of our clients’ strategies,” Citi Head of Custody Amit Agarwal noted in the release.
What Else Custody+ Covers
Beyond Bitcoin custody, the platform packages several capabilities under one roof:
- Real-time asset servicing — 96% of US voluntary events now processed in under two hours
- Instant settlements — end-to-end from instruction to final settlement at Central Securities Depositories
- Real-time cash and liquidity — instant position updates and liquidity sweeping
- Accelerated tax — AI-reduced documentation processing times by up to 70%
- On-demand FX — real-time execution with automated hedging
Why Does This Matter for Crypto Right Now?
According to Decrypt, the announcement builds on plans Citi revealed in October to launch institutional Bitcoin custody in 2026.
It arrives as Wall Street’s push into digital assets accelerates across the board. In January the New York Stock Exchange announced it was working with Citi and Bank of New York Mellon Corp (NYSE:BNY) on a blockchain-based platform supporting tokenized stocks and ETFs.
In February Morgan Stanley (NYSE:MS) applied for a national trust bank charter specifically for crypto custody.
Citi’s Investor Services business supports clients across more than 100 markets worldwide, including 62 proprietary markets, and invests over $2 billion annually in its platform strategy.
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