Citi Unveils Custody+ With Bitcoin and 24/7 Settlement Push
TLDR
- Citi launches Custody+ to modernize custody with real-time settlement tools.
- Bitcoin custody is set to launch later this year under Citi’s digital strategy.
- Citi’s technology cuts voluntary corporate action processing times by up to 92%.
- Custody+ adds AI, tokenized deposits and 24/7 liquidity management services.
- Citi connects traditional securities and digital assets through one custody network.
Citigroup has launched Custody+, expanding its custody infrastructure as financial markets move toward faster settlement and continuous operations. The platform combines real-time processing, liquidity tools, artificial intelligence, and digital asset services within Citi’s global custody network. Meanwhile, Citi plans to launch digital asset custody later this year, beginning with Bitcoin.
Citi Expands Custody+ With Real-Time Settlement Infrastructure
Custody+ shifts Citi’s custody operations from a standardized structure toward modular services designed around different institutional operating models. The platform supports Citi’s custody operations across more than 100 markets, including 62 markets with proprietary infrastructure. Furthermore, Citi designed the system to reduce processing delays while improving access to transaction and market information.
… Continue reading the full article at the original source below.
