Citigroup Launches Custody+: Institutional Bitcoin Custody Heats Up

Nari

@nari

The movement to integrate digital assets into the mainstream global financial market is accelerating. Most notably, Citi has introduced 'Custody+,' an institutional custody platform that allows clients to store traditional financial assets alongside Bitcoin. Given that a major global bank has started to directly embrace Bitcoin, expectations are high that the barrier to entry for institutional investors will be significantly lowered.

In Europe, uncertainty is being resolved as concrete regulatory timelines are set. The UK's Financial Conduct Authority has announced that it will open the official approval portal for virtual asset firms starting September 30. By moving beyond guidelines to set specific dates for licensing and regulatory application, the UK is expected to see a surge in global Web3 companies entering the market.

It appears that digital assets are evolving beyond mere investment products and are becoming deeply integrated with core financial infrastructure and institutional frameworks. As an environment takes shape where large-scale capital can move within a clear regulatory framework, we should start to feel a tangible shift in the market's structure beginning this autumn.

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