Citibank Crypto Custody Services FAQ

What is Citibank planning to do with cryptocurrency?

Citigroup is preparing to enter the digital asset custody space and plans to launch cryptocurrency custody services by 2026.

When will Citibank start offering crypto custody services?

Citibank plans to launch its cryptocurrency custody services by 2026, following several years of development and internal testing.

Who is leading this initiative at Citigroup?

Biswarup Chatterjee, the bank’s global head of innovation and partnerships, is involved in this initiative according to the content.

Why is Citibank’s move into crypto custody significant?

This move shows that major financial institutions are now taking cryptocurrency seriously and making plans to incorporate digital assets into their service offerings.

How long has Citibank been preparing for this crypto custody service?

The bank has been developing and testing these services for several years, with the launch planned for 2026.

Who benefits from Citibank entering the crypto custody space?

Established crypto firms like MARA Holdings Inc. will be pleased that major financial institutions are incorporating digital assets into their services.

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