SIMPLY WALL ST
SIMPLY WALL ST
for C
 
 
C  
Last Price $137.65
My Fair Value Select
 
  • Citigroup has launched Custody+, a suite of near and real-time custody solutions that includes digital asset custody, with Bitcoin custody expected to go live later this year, supported by its patented Single Event Processing technology that now handles over 80% of U.S. custody event volume in real time.
  • The Custody+ offering combines real-time asset servicing, instant settlements and on-demand FX into one platform, which broadens Citi’s Investor Services product set for institutional clients that run around-the-clock operating models.
  • Citigroup shares trade at US$138.51, with the stock up 16.7% year to date.

This move signals that Citigroup is committing more technology and balance sheet resources to securities servicing and digital assets, which could influence how investors think about the durability and fee potential of its Investor Services franchise, as well as the operational and regulatory risks that come with handling Bitcoin custody.

 
SIMPLY WALL ST