EDX Markets, backed by Citadel, has applied for a U.S. trust charter to offer custody and asset services to institutional clients amid rising demand. Approval would make the exchange a regulated custodian and could help attract larger institutional flows.

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.

BBVA has become the first traditional bank in Spain to offer Bitcoin and Ethereum trading and custody services through its mobile app, enabling customers to buy, sell, and securely store their crypto assets.