Morning Minute: The Banks Are Coming for Crypto Custody

Major traditional banks including Morgan Stanley, Citigroup, and Barclays are positioning themselves to offer cryptocurrency custody services. The shift represents institutional acceptance that bank-provided crypto custody is inevitable rather than speculative.

• →Morgan Stanley, Citigroup, and Barclays are preparing to enter the crypto custody market.
• →The question has shifted from whether banks will offer crypto custody to when they will launch these services.
• →Major financial institutions are recognizing crypto custody as a necessary business line.
• →Traditional banking infrastructure is moving to accommodate cryptocurrency storage and management.
• →The trend signals mainstream institutional adoption of cryptocurrency services.