Citi Ventures confirmed an investment in BVNK , a London-based stablecoin infrastructure firm. The move expands Citi’s role in digital asset payments as the bank deepens its work on tokenized transaction systems. BVNK’s Scale and Global Reach BVNK processes more than $20 billion a year for clients including Worldpay , Flywire , and dLocal , according to the release. Valued above $750 million , it develops stablecoin infrastructure connecting banks and payment providers to digital asset networks. Strategic and Regulatory Context Arvind Purushotham , head of Citi Ventures, said BVNK’s platform provides reliable infrastructure for stablecoin settlement. Jesse Hemson-Struthers , BVNK’s CEO, described the partnership as a move toward faster global payments. The statement also referred to stablecoin policy efforts such as the proposed GENIUS Act , though no matching bill appears in official U.S. records. Market Implications The investment highlights Citi’s focus on core digital infrastructure rather than issuing its own stablecoin. It aligns with ongoing work on tokenized deposits and blockchain custody, reflecting how established banks are embedding stablecoin technology into regulated finance.
