{"id":52765,"date":"2025-10-14T13:02:13","date_gmt":"2025-10-14T13:02:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52765"},"modified":"2025-10-14T13:02:13","modified_gmt":"2025-10-14T13:02:13","slug":"another-wall-street-pivot-citi-plans-to-launch-crypto-custody-services-in-2026","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52765","title":{"rendered":"Another Wall Street Pivot: Citi Plans To Launch Crypto Custody Services In 2026"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Following Morgan Stanley\u2019s recent advice to clients to allocate 2-4% of their investment portfolios to crypto, another Wall Street banking institution is pivoting to the crypto industry. Citigroup has announced plans to launch digital asset custody services by 2026. JP Morgan and US Bank have already begun offering crypto infrastructure services. Now, it seems entirely possible that more banks will follow suit!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Citi Bank Global Head of Partnerships and Innovation, Biswarup Chatterjee, confirmed the bank\u2019s intentions to enter the crypto space with custody services, which have been in development for two to three years now, according to a <\/span><a href=\"https:\/\/www.cnbc.com\/2025\/10\/13\/citi-aims-to-launch-crypto-custody-in-2026-exploring-stablecoin.html\" rel=\"nofollow\" target=\"_blank\"><span style=\"font-weight: 400\">CNBC report.<\/span><\/a> <span style=\"font-weight: 400\">This move will enable the bank to hold Bitcoin and Ethereum on behalf of asset managers and other institutional clients. <\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cWe have various kinds of explorations underway, and we\u2019re hoping that in the next few quarters, we can come to market with a credible custody solution that we can offer to our asset managers and other clients,\u201d said Chatterjee.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> $2.3 Trillion Citibank will launch crypto custody services in 2026. <a href=\"https:\/\/t.co\/DLF4JpEA8g\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/DLF4JpEA8g<\/a><\/p>\n<p>\u2014 Ash Crypto (@Ashcryptoreal) <a href=\"https:\/\/twitter.com\/Ashcryptoreal\/status\/1977807433084150165?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>EXPLORE: <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/wall-street-pivots-morgan-stanley-officially-recommends-exposure-to-crypto-especially-bitcoin\/\">Wall Street Pivots: Morgan Stanley Officially Recommends Exposure To Crypto, Especially Bitcoin <\/a><\/strong><\/p>\n<h2><strong>Is Citi Ready To Launch Own Stablecoin?<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Beyond custody service, Citi might be exploring the possibility of launching its own stablecoin. In July 2025, CEO Jane Fraser revealed that the bank\u2019s stablecoin exploration efforts, but insisted on Citi\u2019s focus on the tokenized deposits that offer more immediate practical applications.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Commenting on the bank\u2019s stablecoin vision, Chatterjee said that stablecoins could provide significant utility in regions with underdeveloped financial infrastructure. The bank is also considering custody and payment services for stablecoin issued by third parties.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Citigroup forecasts that total issuance of stablecoins could reach $1.9 trillion in a base case scenario and $4 trillion in an optimistic scenario by 2030.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, McKinsey estimates that approximately $250 billion in stablecoins have been issued to date, primarily for settling cryptocurrency transactions.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">MUST WATCH <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4fa.png\" alt=\"\ud83d\udcfa\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>\u201cAccording to CitiBank, by 2030 <br \/>Stablecoin issuers will be the largest holders of US Treasuries in the world\u201d<\/p>\n<p>\u2013 Senator Bill Hagerty  <\/p>\n<p>When stablecoin legislation eventually passes, and the floodgates of US dollars are open to everyone around the world, <\/p>\n<p>YOU\u2026 <a href=\"https:\/\/t.co\/bb6ByXhjWK\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/bb6ByXhjWK<\/a><\/p>\n<p>\u2014 Jonnie King <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f34c.png\" alt=\"\ud83c\udf4c\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f451.png\" alt=\"\ud83d\udc51\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@JonnieKing) <a href=\"https:\/\/twitter.com\/JonnieKing\/status\/1924539125350400399?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">May 19, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">15+ Upcoming Coinbase Listings to Watch in 2025<\/a><\/strong><\/p>\n<h2 class=\"nnbtc-header__title\">Morgan Stanley Officially Recommends Exposure To Crypto<\/h2>\n<p>One of the world\u2019s oldest investment institutions, Morgan Stanley, has advised clients to allocate 2-4% of their investment portfolios to crypto. With a strong spotlight on Bitcoin as a \u201cscarce asset, akin to digital gold,\u201d Morgan Stanley\u2019s suggestion is a pivot in Wall Street\u2019s stance toward digital assets.<\/p>\n<p>On 5 October 2025, Morgan Stanley\u2019s Global Investment Committee (GIC) formally released a set of portfolio allocation guidelines, wherein \u201copportunistic growth portfolios were suggested up to 4% crypto allocation.\u201d Meanwhile, Bitcoin price (BTC) climbed to a new all-time high overnight, reaching about $125,700 during Sunday\u2019s Asia session before pulling back to the low $123,000 range.<\/p>\n<p>Commenting on the Morgan Stanley\u2019s pivot, Bitwise CEO Hunter Horsley said, \u201cThis is huge. New Special Report from Morgan Stanley GIC: \u201cwe aim to support our Financial Advisors and clients, who may flexibly allocate to cryptocurrency as part of their multi asset portfolios.\u201d GIC guides 16,000 advisors managing $2 trillion in savings and wealth for clients.\u201d<\/p>\n<p>In Horsley\u2019s opinion crypto is entering into its mainstream era.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best Crypto To Buy in Q4 2025<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span style=\"font-weight: 400\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <\/li>\n<p><\/span><span style=\"font-weight: 400\">Citi\u2019s custody announcement builds upon the bank\u2019s existing blockchain infrastructure, particularly its \u201cCiti Token Services\u201d platform, which already enables 24\/7 international money movement for institutional clients.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Citi\u2019s <\/li>\n<p><\/span><span style=\"font-weight: 400\">stablecoin strategy received a boost when it joined a coalition of nine European lenders developing a regulated euro-based stablecoin, planned for launch in mid-2026.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/another-wall-street-pivot-citi-plans-to-launch-crypto-custody-services-in-2026\/\">Another Wall Street Pivot: Citi Plans To Launch Crypto Custody Services In 2026<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Following Morgan Stanley\u2019s recent advice to clients to allocate 2-4% of their investment portfolios to crypto, another Wall Street banking institution is pivoting to the crypto industry. Citigroup has announced plans to launch digital asset custody services by 2026. JP Morgan and US Bank have already begun offering crypto infrastructure services. Now, it seems entirely [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52765","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52765"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52765\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}