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Top U.S. Banks Quietly Building Bitcoin Products, River Says

A River report finds roughly 60% of the 25 largest U.S. banks are developing or planning Bitcoin trading and custody services.

11h agoJan 27, 2026, 11:13 AMNewsroom AI

A River report indicates that about 60% of the top 25 U.S. banks are developing, piloting, or planning Bitcoin products, a sign of growing institutional engagement with the cryptocurrency [1][6].

Reported initiatives include trading and custody services as banks shift from treating crypto as an external risk to integrating digital-asset offerings into regulated infrastructure; coverage notes a mix of live services, pilots, and announced plans across major institutions [6][4][3].

Coinbase CEO Brian Armstrong said many bank CEOs he met at Davos were pro-crypto, a sentiment that commentators say aligns with River’s findings about mainstream integration of Bitcoin within the banking sector [3][1].

Taken together, the report and contemporaneous reporting portray an accelerating move by U.S. banks into Bitcoin products, while noting that some large banks remain hesitant to fully embrace such offerings [1][4].

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