Citi is making ready to introduce infrastructure that integrates Bitcoin into conventional monetary methods, a financial institution government stated Thursday.
The initiative, launched by Nisha Surendran, head of digital asset custody improvement at Citi, goals to offer institutional-grade custody, key administration, and pockets companies for shoppers holding the cryptocurrency.
Talking at Technique World, an business occasion hosted by Bitcoin treasury agency Technique, Surendran stated the hassle is a part of Citi’s broader plan to “make Bitcoin bankable.” She outlined a three-pronged method targeted on custody, integration with present reporting and tax methods, and simplifying shopper entry to digital property.
“Later this 12 months, Citi might be launching our infrastructure that integrates Bitcoin into conventional finance,” Surendran stated. “We’re beginning with core custody and safekeeping capabilities, institutional-grade key administration, and pockets infrastructure.”
The rollout will enable shoppers to handle Bitcoin positions alongside conventional property. Citi manages roughly $30 trillion in shopper property throughout securities and cash market merchandise.
The financial institution plans to increase the identical reporting channels, tax workflows, and compliance frameworks at present used for conventional property to Bitcoin holdings.
Shoppers won’t have to handle wallets, personal keys, or one-time addresses, Surendran stated, as Citi will deal with these processes by means of its infrastructure.
In December 2025, Citi analysts forecasted that bitcoin might attain $143,000 in 2026, with a bullish state of affairs above $189,000 and a bearish case close to $78,500, citing elevated adoption by means of ETFs and supportive U.S. regulation.
On the time, bitcoin traded round $88,000, down 30% from its October peak. Bitcoin is now buying and selling beneath $67,000. Bitcoin jumped quite a bit yesterday however has since been giving again a few of its beneficial properties.
Morgan Stanley needs in on the bitcoin enjoyable
Yesterday at Technique World, Morgan Stanley additionally outlined plans to develop its digital asset choices, together with launching a local crypto custody and change platform.
The financial institution will initially enable E-Commerce shoppers to purchase and promote spot cryptocurrencies by means of a partnership, whereas a completely built-in platform is anticipated over the following 12 months.
The deliberate custody resolution would give shoppers authorized management of their property underneath Morgan Stanley’s oversight, although some could proceed self-custody, particularly for Bitcoin.
The agency additionally stated they’re exploring crypto yield and lending merchandise, leveraging its $8 trillion asset base to carry off-platform holdings onto its platform.
