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Citi, Coinbase to Boost Institutional Digital Asset Payments

Citi and Coinbase join forces to advance digital asset infrastructure and institutional payments. Photo: Coinbase

GLOBAL, 28 October 2025 – Crypto exchange platform Coinbase and Wall Street bank Citigroup Inc. (Citi) are partnering to enhance digital asset payments for the latter’s institutional clients. The collaboration will allow seamless transactions on blockchains and easier conversion of fiat and digital assets.

Coinbase will streamline its capabilities in scalable digital asset infrastructure for Citi’s global payment networks.

“The financial landscape is changing fast, and we’re thrilled to join Coinbase to explore new and innovative payment options for our global clients. With more than 300 payment clearing networks across 94 markets globally, we see collaborating with Coinbase as a natural extension of our ‘network of networks’ approach, further supporting our clients to make payments as if there were no borders,” said Debopama Sen, Head of Payments, Services, Citi.

Key priorities include enhancing payment solutions, on-ramps and off-ramps for improved conversions, and infrastructure refinements. The two parties aim to make the tools available 24/7.

“Citi’s global network and expertise in payments make them an ideal partner as we work to advance digital asset capabilities. By combining their reach with Coinbase’s leadership in digital assets, we’re creating solutions that can simplify and expand access to digital asset payments. This collaboration reflects our commitment to building the infrastructure needed for the next generation of financial services.” said Brian Foster, Global Head – Crypto as a Service, Coinbase.

This partnership is part of Coinbase’s push for wider integration of digital assets solutions into mainstream financial services.

Source: Coinbase

Author

  • Mizah Kholil is a writer fascinated by how geopolitics shapes the world and everyday life. Having grown up as a Third Culture Kid, she brings a global perspective to her work, examining how international developments influence business and society.

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