Global financial institution Citi Bank is set to introduce new infrastructure aimed at integrating Bitcoin with the traditional financial system. This initiative seeks to make Bitcoin more acceptable and tradable by incorporating it into the bank’s existing framework. Nisha Surendran, head of Citi’s digital asset custody development, explained that the project will offer institutional-grade custody, key management, and wallet services to enable users to securely store their cryptocurrency with ease.
The announcement coincides with Citi’s unveiling of a three-tier strategy to make Bitcoin “bankable.” This strategy includes custody, integration with current reporting and tax systems, and simplified access to digital assets for customers. Through this new infrastructure, clients will be able to manage their Bitcoin positions alongside traditional assets, while the bank will apply its existing financial reporting, tax workflows, and compliance frameworks to Bitcoin holdings.
Surendran further noted that users will not need to manage wallets, private keys, or one-time addresses themselves, as Citi Bank will handle these through its infrastructure. With nearly $30 trillion in client assets across securities and money market products, the bank’s involvement underscores the significance of its Bitcoin integration.
This development comes amid recent volatility in Bitcoin’s price. In December 2025, Citi analysts predicted that Bitcoin’s value could rise to a certain level in 2026, driven by increasing ETF acceptance and favorable regulatory conditions in the United States.
At the same event, Morgan Stanley also announced plans to expand its digital asset services, including crypto custody and exchange platforms. Both major financial institutions are taking significant steps toward the growing popularity and integration of cryptocurrencies within the financial system.
Source: bitcoinmagazine
