Citi Ventures, the investment arm of Citigroup, has quietly stepped into the stablecoin arena through a strategic investment in BVNK, a London-based firm building the backbone for blockchain-powered payments.
BVNK’s valuation now surpasses $750 million, driven by fresh capital and growing demand for stablecoin infrastructure. The details of Citi’s investment remain undisclosed, but insiders confirm this move wasn’t about speculation — it’s about control. With the GENIUS Act in the U.S. bringing regulatory clarity to the stablecoin sector, institutional players are no longer sitting on the sidelines. They’re building the pipes that will carry the next era of global finance.
The momentum is undeniable. BVNK’s U.S. operations have exploded in the last 18 months, fueled by banks and fintechs seeking direct integration with stablecoin payment rails. Citi Ventures’ participation signals that the old guard is no longer resisting the blockchain wave — it’s steering it.
Inside Citi Ventures’ Bold Crypto Strategy
For years, traditional finance treated stablecoins like an uninvited guest at the monetary table. That’s over. Citi Ventures has turned its attention toward firms that merge stability, compliance, innovation and BVNK fits the bill perfectly.
This isn’t Citi’s first foray into the digital asset space. Earlier this year, the bank revealed plans to explore its own stablecoin and crypto custody solutions for institutional clients. The intent is clear: control the bridge between fiat and blockchain economies.
In September, Citi revised its stablecoin market forecast, projecting the industry to reach $4 trillion by 2030. That’s not just optimism; it’s a strategic signal. As the sector scales, those who control infrastructure — not speculation — will dominate the market.
Citi Ventures’ move follows Visa Ventures’ investment in BVNK earlier this year, cementing the company’s role as one of the most critical players in global blockchain payments. The pattern is emerging: the biggest names in finance are racing to own the foundation of digital money, not just its headlines.
The Ripple Effect Of Citi Ventures’ Bet On BVNK
The impact of Citi Ventures’ investment reaches far beyond a single partnership. It represents a large scale transformation in how institutional finance views blockchain not as a disruptor but as an enabler.
Stablecoins are no longer fringe tools for crypto traders; they’re becoming the primary engines of cross-border liquidity. BVNK’s technology, designed to make stablecoin transactions instant, compliant, and borderless, aligns perfectly with Citi’s global network ambitions.
Meanwhile, regulators are moving in parallel, the Bank of England, once cautious about stablecoin exposure, is reportedly reviewing its proposed caps on corporate holdings after industry pushback. As the UK and US frameworks evolve, firms like BVNK — now backed by Citi and Visa stand at the center of a new financial model.
This partnership isn’t just a milestone. It’s a message: blockchain payments have graduated from crypto hype to financial infrastructure.
Conclusion
Citi Ventures’ investment in BVNK signals a turning point where legacy banking and digital finance converge. The move underscores a clear direction — stablecoins are no longer experimental. They’re the future of transactional efficiency, global liquidity, and monetary innovation.