CITIBANK is the consumer division of financial services multinational Citigroup. Citigroup is the third largest banking institution in the United States.
2026
Citigroup's stock fell over 3% after announcing ROTCE targets of 11%-13% for 2027-2028 and 14%-15% for 2029-2031 . Despite a new $30 billion buyback program , investors were disappointed by the lack of a more aggressive roadmap to reach peer-level profitability .
Citigroup plans to integrate Bitcoin into its banking system in 2026, launching Bitcoin-backed credit services alongside peers like Wells Fargo and BNY Mellon . The bank is partnering with Metaco for custody and utilizing Ethereum for tokenized deposits, while simultaneously pivoting toward AI infrastructure financing .
Citigroup announced it has successfully tokenized a bill of exchange and executed its entire lifecycle, from issuance to settlement, on the Solana blockchain . This move aligns with a broader trend of financial institutions like WisdomTree and R3 leveraging Solana for real-world asset (RWA) tokenization, with the ecosystem's RWA total value locked already surpassing $1 billion .