Yahoo Finance·2025-10-27 16:24Core 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]