Citigroup Joins Rivals Helping Wealthy Clients Access Crypto
- Bank formed a digital assets group in wealth management unit
- Goldman, Morgan Stanley are boosting cryptocurrency efforts
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Citigroup Inc. is taking another step into the world of cryptocurrencies.
The Wall Street giant will help its richest clients bet on crypto as part of a new digital assets group inside its burgeoning wealth management unit, according to a memo to staff seen by Bloomberg News. The new effort will be led by Alex Kriete and Greg Girasole.