Citi unveils Custody+, a unified custody platform that merges traditional assets and crypto in one ecosystem, offering 24/7 tokenized deposits, real-time asset servicing, and instant settlements, with Bitcoin custody slated for later this year.

The platform is built on Citi’s five-year investment in digital asset capabilities and is designed to integrate blockchain infrastructure with conventional custody, ensuring a familiar client experience and compatibility with Swift messaging.

Citi views its infrastructure as a scale advantage, aiming to deliver integrated digital asset services across its services, markets, and wealth businesses, with potential expansion to asset classes beyond Bitcoin.

Zero-commission trading is available to U.S. residents trading in U.S. markets via Moomoo Financial, though other fees may apply and pricing is published on Moomoo’s site.

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Citi’s stock slipped about 0.8% by midday amid mixed retail sentiment on social platforms.

BlackRock remains a benchmark for asset allocation, while Citi’s growing custody network supports institutional Bitcoin exposure with the firm’s IBIT fund and client buy activity rebounding in late July.

Bitcoin traded near the mid-$64,000s, signaling cautious optimism as institutional infrastructure upgrades progress.

Citi reports real-time processing improvements for custody tasks, with up to 92% faster processing and most events completed within two hours.

Citi’s real-time processing now handles over 80% of custody events in real time, with 96% of U.S. voluntary events processed within two hours.

The bank’s Single Event Processing system processes the majority of custody event volume in real time, driving near-immediate settlement capabilities.

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