Citigroup

Citigroup plans to launch crypto custody services in 2026 and reportedly aims to join a network of Wall Street banks to plan a new tokenized deposit system. The New York-headquartered banking giant is also part of a large banking consortium, which includes Bank of America and Deutsche Bank, that is behind a stablecoin focused on G7 currencies. Citigroup was formed in 1998 by merging Citicorp and Travelers Group, an insurance company. Its CEO is Jane Fraser.