According to online reports, Citibank is planning to launch a crypto asset custody service in 2026, a bank executive said in an interview. As Wall Street giants continue to expand their presence in the digital currency field, Citi's move shows that traditional financial institutions are accelerating their entry into the track. Biswarup Chatterjee, global director of collaboration and innovation at Citi's services business, said that the bank has been developing crypto custody services for the past two to three years and has made substantial progress. Chatterjee said,"We are exploring many aspects. We hope to launch a trusted hosting solution in the next few quarters and make it available to our asset management customers and other institutional customers."