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$55.8T Giant BNY Mellon Tests Tokenized Deposits to Power $2.5T in Daily Payments

$55.8T Giant BNY Mellon Tests Tokenized Deposits to Power $2.5T in Daily Payments

Bank of New York Mellon Corp., the world’s largest custodian bank with $55.8 trillion in assets under custody and administration, is testing tokenized deposits as part of its plan to modernize its pay...

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1 min
BNY Mellon testing tokenized deposits to keep pace with blockchain-based finance shift

BNY Mellon testing tokenized deposits to keep pace with blockchain-based finance shift

Bank of New York Mellon ( BNY Mellon), the world’s largest custodial bank, is testing tokenized deposits to modernize its global payment infrastructure. The $55.8 trillion custodial bank seeks to keep...

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1 min