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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 ...
The Bank of New York Mellon Corporation (NYSE:BK) reported Q2 2025 results on July 15, 2025, delivering earnings per share of $1.93, up 27% year over year, and total revenue surpassing $5 billion for ...
The effort aims to enable near-instant settlement and potentially reduce transaction costs, with tokenized deposits moving over a blockchain.
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