BNY Mellon Introduces Tokenized Deposit Services
Bank of New York Mellon (BNY), the world's largest custodian bank, has launched services for tokenized deposits aimed at institutional clients, according to Bloomberg.BNY Mellon is a global investments company providing financial services for institutions, corporations, and individual investors.
BNY Mellon Introduces Tokenized Deposit Services
Bank of New York Mellon (BNY), the world's largest custodian bank, has launched services for tokenized deposits aimed at institutional clients, according to Bloomberg.
Goldman Sachs and BNY Mellon to Offer Tokenized Funds to Clients
American financial giants Goldman Sachs and BNY Mellon have announced a joint initiative to provide institutional investors with access to tokenized funds. According to the press release, BNY Mellon will utilize blockchain technology developed by Goldman Sachs to manage client rights for selected products. The initial launch will involve BNY Investments Dreyfus, Federated Hermes, Fidelity […]
BNY Mellon to Expand Custodial Services to Spot Bitcoin ETFs
The Bank of New York Mellon, with AUM of $50 trillion, plans to enter the custodial services market for spot exchange-traded funds based on Bitcoin and Ethereum, representatives of the bank told Bloomberg. The agency noted that such a move could threaten Coinbase’s dominant position. The Bitcoin exchange serves as the custodian for most products, […]
BNY Mellon plans to embed digital assets in every line of business
Over the next 12 to 18 months, all divisions of the financial holding company BNY Mellon will expand their digital assets product lineup, according to CEO Roman Regelman.
BNY Mellon says clients are increasingly interested in cryptocurrencies
Michael Demissi, head of the bank’s Advanced Solutions division, said cryptocurrencies have firmly entrenched themselves in the financial sector.
WSJ: BNY Mellon clients will be able to store Bitcoin and Ethereum
BNY Mellon will allow clients to store cryptocurrencies on the platform alongside traditional financial instruments.
BNY Mellon named primary custodian of USDC reserves
Circle has named BNY Mellon as the primary custodian for the reserves of the USD Coin (USDC) stablecoin.
BNY Mellon Signs Partnership with Chainalysis
Chainalysis will provide BNY Mellon, the financial holding company, with tools to comply with regulatory requirements in the cryptocurrency space as part of its risk-management program.
BNY Mellon urges US regulators to clarify crypto regulation.
U.S. authorities need to bring more clarity to the 'rules of the game' for digital assets amid confusion over which activities are permitted. This was stated by BNY Mellon Chief Financial Officer Emily Portni, Reuters reports.
BNY Mellon joins Pure Digital, the crypto platform for banks
In response to rising demand from institutional clients, the financial group BNY Mellon joined a consortium of six banks backing the Pure Digital platform for trading digital assets.We use cookies to improve the quality of our service.
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