Citi and Morgan Stanley expand Bitcoin custody and trading initiatives

#Citigroup plans to launch institutional bitcoin custody later this year, aiming to integrate digital assets into its existing custody, reporting, and settlement systems. The bank said bitcoin holdings will be incorporated into the same infrastructure used for traditional assets, allowing clients to manage crypto exposure within standard banking frameworks.

Meanwhile, #MorganStanley is expanding its digital asset efforts across trading, exchange-traded products, and tokenization for wealth management clients. The firm is also exploring crypto lending and wallet technology as part of a broader push into digital markets.