Citi Backs Stablecoin Infrastructure Firm BVNK Amid Growing Blockchain Adoption

Citi Ventures confirmed an investment in BVNK , a London-based stablecoin infrastructure ￰0￱ 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 ￰1￱ above $750 million , it develops stablecoin infrastructure connecting banks and payment providers to digital asset ￰2￱ and Regulatory Context Arvind Purushotham , head of Citi Ventures, said BVNK’s platform provides reliable infrastructure for stablecoin ￰3￱ Hemson-Struthers , BVNK’s CEO, described the partnership as a move toward faster global ￰4￱ statement also referred to stablecoin policy efforts such as the proposed GENIUS Act , though no matching bill appears in official ￰5￱ Implications The investment highlights Citi’s focus on core digital infrastructure rather than issuing its own ￰6￱ aligns with ongoing work on tokenized deposits and blockchain custody, reflecting how established banks are embedding stablecoin technology into regulated finance.