Citigroup plans to roll out bitcoin custody for institutional clients later this year, using its new Custody+ platform. The service is designed to allow clients to hold bitcoin alongside traditional assets within the same custody framework.

The outlets describe the Custody+ launch as part of a broader push by Wall Street firms to expand crypto offerings. Decrypt and CoinDesk both focus on the goal of integrating bitcoin custody with existing asset services for institutions. The Block adds further operational details, saying the platform includes real-time asset servicing, instant settlements, liquidity tools, and AI-powered market intelligence. While the overall purpose is consistent across reports, the emphasis differs between general product positioning and specific platform capabilities.

None of the sources provided additional specifics such as timing beyond “later this year,” pricing, or which jurisdictions the service will cover at launch.