JUST IN: 🇺🇸 Citi partners with Coinbase to expand Bitcoin and crypto payments https://t.co/yxlwgWYOHy ...

JUST IN: $2.6 trillion Citibank partners with Coinbase to improve "stablecoin utility & digital asset adoption for its clients." https://t.co/kyyWDzYWZ0 ...

Group 1 - Citigroup is collaborating with Coinbase to develop digital asset payment capabilities for institutional clients [4] - The initial phase of the partnership aims to simplify the process for clients [4]

Read on ↓https://t.co/QyIab8Gvyd ...

Core Insights - Citi and Coinbase are collaborating to enhance digital-asset payment capabilities for Citi's institutional clients, focusing on fiat pay-ins and payouts to bridge traditional finance with crypto [1][2] - The partnership aims to provide smoother money transfers and ensure 24/7 accessibility for Citi's clients, leveraging Citi's extensive payment clearing networks [2][3] - Citi is advancing its digital asset initiatives, with plans to launch crypto custody services by 2026, indicating a commitment to building infrastructure for future financial services [3][4] Group 1 - The collaboration between Citi and Coinbase is seen as a natural extension of Citi's "network of networks" approach, enhancing payment options for global clients [2] - The partnership is expected to simplify and expand access to digital asset payments, reflecting Coinbase's leadership in the digital asset space [3] - Citi's global head of partnerships and innovation has indicated that a credible custody solution for asset managers and other clients is anticipated in the coming quarters [4] Group 2 - Citi's equities analysts have recently given a "buy" rating to Bitcoin treasury strategy, contingent on Bitcoin meeting price projections [4] - The stock associated with this strategy presents significant risks, being closely tied to Bitcoin's price volatility, which could lead to magnified losses for shareholders [5]

🚨 🚨 🚨 434 #BTC (50,183,591 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/KIT8EqL9Zr ...

Core Insights - Kite has received an investment from Coinbase Ventures, extending its recent $33 million Series A funding led by PayPal Ventures and General Catalyst, indicating growing confidence in the autonomous agent economy and Kite's infrastructure for agent-to-agent payments and AI-driven commerce [2][8] Investment and Infrastructure Development - The investment will address a critical bottleneck in the AI revolution, enabling AI agents to operate autonomously without human-approved operation loops, through a blockchain-native network that provides secure digital identity, programmable spending limits, and instant, low-cost settlements [3][5] - Kite is integrated with Coinbase's x402 Agent Payment Standard, positioning itself as a primary execution and settlement layer, allowing AI agents to send, receive, and reconcile payments seamlessly [4][6] Market Trends and Opportunities - The investment supports Kite's development across three market shifts: the need for a programmable trust layer for AI agents, scalable blockchain infrastructure for AI commerce, and the rise of agentic commerce as a growth engine [5][7] - With trillions of AI agents projected to emerge, Kite is integrating with major platforms like PayPal and Shopify, positioning itself to capture value in the evolving e-commerce landscape [7][8] Company Background - Kite is building the first blockchain for agentic payments, providing a foundational infrastructure for autonomous AI agents with verifiable identity and programmable governance, having raised $33 million from top-tier investors [9]

Citi is leaning HARD into cryptoCustody coming next year and now the Coinbase partnershiprciv (@rcivNFT):BREAKING: CITI partners with COINBASE to make on and off-ramping crypto easier for Citi's institutional clients https://t.co/UjUzFn1oSP ...

Partnerships & Initiatives - Citigroup partnered with Coinbase to explore stablecoin-based cross-border payments for corporate clients [1] - The initiative aims to simplify crypto-fiat conversions and enable faster settlements [1] - Citi is considering launching on-chain stablecoin payments in the coming months [1] Market Focus - The initiative is designed to meet institutional demand for programmable and 24/7 transactions [1]

🚨 🚨 🚨 🚨 748 #BTC (85,935,040 USD) transferred from #Cumberland to Coinbase Institutionalhttps://t.co/es3uLClcW5 ...