Citi says it plans to launch bitcoin custody for institutional clients later this year through its new Custody+ platform. The service is designed to allow clients to hold bitcoin alongside traditional assets.
Both outlets describe Custody+ as more than a custody offering, positioning it as a platform for ongoing servicing and trading-related functions. The Block adds that it will include real-time asset servicing, instant settlements, liquidity tools, and AI-powered market intelligence. CoinDesk likewise frames the rollout around institutional custody access and indicates the launch timing is “later this year,” without specifying a date.
While the core message is consistent—Citi introducing institutional bitcoin custody via Custody+—the coverage differs in detail. The Block emphasizes additional operational and technology features within the platform, whereas CoinDesk focuses more directly on the custody product and the client group targeted. Both accounts attribute the development to Citi’s broader Custody+ rollout.