Citi Bank Prepares Bitcoin Integration into Traditional Finance

Citi Bank has announced plans to introduce a new infrastructure that will integrate bitcoin into its banking system. According to reports, the bank's Head of Digital Asset Custody, Nisha Surendran, revealed that Citi will provide core custody capabilities, institutional-grade key management, and wallet infrastructure for its customers.

The move is aimed at expanding the bank's services to include digital assets, marking a significant step towards mainstream adoption. This development comes as no surprise, given the growing demand for cryptocurrency-based financial solutions.