Citigroup
Citigroup says Bitcoin’s recent weakness is linked to lower liquidity from quantitative tightening and debt-ceiling pressures, and that a liquidity rebound could push BTC to $180,000 in 2026.
Citi Ventures and Visa have invested in BVNK, a leading stablecoin payments platform processing over $20 billion annually, highlighting growing institutional interest in stablecoins amid favorable regulatory trends. BVNK's clientele includes major payment processors like Worldpay and Flywire.
Gemini, founded by the Winklevoss twins, has raised its IPO price range to $24-$26 per share aiming for a valuation of up to $3.08 billion. Scheduled to list on Nasdaq with ticker GEMI, the offering includes 16.67 million shares to raise $433.3 million. Goldman Sachs and Citigroup lead the IPO, with Nasdaq committing $50 million in private placement shares.
Citigroup teams up with SDX Group to offer tokenized private market assets, providing global investors access to late-stage pre-IPO equities through a secure digital platform launching by Q3 2025. This collaboration enhances liquidity management, cap table control, and supports the Swiss digital asset ecosystem with regulatory compliance.
Citigroup is exploring crypto custody services as ETF interest surges, aiming to expand its services in the digital asset space. This move highlights the increasing institutional acceptance of cryptocurrencies.