Cryptopolitan on MSN
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 ...
BNY Mellon, one of the world’s largest and oldest custodian banks, is taking a significant step toward integrating blockchain ...
The effort aims to enable near-instant settlement and potentially reduce transaction costs, with tokenized deposits moving over a blockchain.
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