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Citi launched Custody+, a near and real-time custody suite for always-on markets. It plans to add institutional Bitcoin custody later in 2026.
Citi announced Custody+ on 18 August 2026, positioning it as an “always-on” custody platform for capital markets. Custody is the service that safeguards assets like shares and bonds for large investors, similar to a secure vault plus record-keeping.
Citi says Custody+ is designed for a world of compressed settlement cycles, 24-7 markets, and more automated decision-making. In plain terms, markets are moving faster, and batch processing, meaning updates that run in scheduled blocks, is becoming less useful.
Custody+ bundles multiple capabilities. One is real-time asset servicing powered by Citi’s Single Event Processing, which aims to process corporate actions, such as elections in voluntary events, in one flow across its custody infrastructure. Citi claims that in the US it cut processing times for voluntary corporate actions by up to 92%, and that 96% of US voluntary events are processed in under two hours.
Another component is near-instant or instant settlement, which links instructions through to final settlement at central securities depositories, meaning the official systems where securities ownership is recorded. Citi also says Custody+ integrates cash management, liquidity, FX, and analytics, including AI-powered tools.
A key roadmap item is digital asset custody later in 2026, starting with Bitcoin. Citi says this will sit inside the same custody, reporting, and control framework used for traditional assets. It also highlights a “no-wallet, no-private-key” approach for clients, meaning institutions will not have to manage crypto keys directly.
For African banks, brokers, pension funds, and asset managers that rely on global custodians, real-time custody and faster settlement can reduce operational risk and improve visibility across trades and cash positions.
If Citi delivers integrated Bitcoin custody inside a regulated custody stack, it could make crypto exposure easier for institutions that want familiar controls, reporting, and oversight, without running separate crypto infrastructure.
Primary Source: Businesswire
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