Crypto is here to stay—and you can take that to the bank. Citibank, perhaps.

On Monday morning, CNBC reported that Citi is looking to launch crypto custody services next year. Biswarup Chatterjee, the global head of partnerships and innovation in the services business at Citi, told CNBC that the company is “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.”

While banks have, traditionally, kept cryptocurrency at arm’s length, primarily concerned about regulatory changes, the Trump administration’s embrace of crypto—exemplified by the passage of new laws like the GENIUS Act—has companies like Citi and others changing their tune. The GENIUS Act, signed into law earlier this year, created a

See Full Page