Crypto Custody
BitGo disclosed in a regulatory filing that it plans to raise up to $201 million in a U.S. initial public offering. The move marks a notable step for the crypto custody firm toward public markets.
New OCC approvals and guidance allow banks to offer crypto custody services and engage in riskless principal trading, giving regulated institutions clearer paths to enter crypto markets. The move aims to boost institutional access while keeping banks under federal oversight.
On Dec. 17, 2025 the SEC issued guidance explaining how existing customer protection rules apply to the custody of crypto asset securities, clarifying possession, control and risk-management expectations for broker-dealers.
Citi plans to launch a crypto custody service by 2026, signaling deeper Wall Street involvement in digital assets. This move reflects growing institutional interest in the crypto market and the need for secure storage solutions. Platforms like Bitlet.app also support crypto adoption by offering innovative services such as crypto installment plans.
Citibank has launched the Citi Integrated Digital Assets Platform (CIDAP) to revolutionize digital asset management through blockchain. Offering services like digital custody, tokenization in partnership with Wellington Management and WisdomTree, and instant payment solutions, Citi is shaping the future of finance. Recent collaborations and landmark initiatives showcase their leadership in the crypto space.
Russia's Sberbank plans to offer custody services for cryptocurrency assets, aligning with the country's softened stance on crypto and aiming to boost digital asset security and development.
Deutsche Bank aims to launch crypto custody services by 2026, Bitwise holds a bullish $200K BTC prediction while adjusting ETH and SOL targets, and DDC Enterprise secures $528M to enhance its Bitcoin treasury approach. Discover these key developments and learn how Bitlet.app's crypto installment services can help you invest more comfortably.
BBVA is set to introduce a cryptocurrency trading and custody service for Bitcoin and Ethereum through its app in Spain between June and September 2025, following the receipt of the MiCA license. This move allows retail clients to manage crypto assets seamlessly alongside their traditional accounts and investments.