Wall Street’s Bitcoin Flip: Citi Targets 2026 Crypto Custody as JPMorgan Greenlights Client Trading—Here’s What Just Changed (and What Happens Next)
What happened in the last 48 hours Two of America’s biggest banks clarified their digital‑asset roadmaps. Citi said it is on track to offer crypto custody in 2026 for asset managers and other institutional clients. “We’re hoping that in the next few quarters, we can come to market with a credible custody solution,” said Biswarup Chatterjee, Citi’s global head of partnerships and innovation, in remarks first reported by CNBC and summarized by CoinDesk. CoinDesk JPMorgan separately confirmed it will let clients trade Bitcoin and crypto, while eschewing in‑house custody for now. “We’re going to be involved in the trading of