#BNY Mellon

Highlights: Ethereum dips 2% as lower volumes signal a healthy correction, not panic selling. BNY Mellon’s UAE custody expansion could boost institutional and high-net-worth ETH demand. Regulation and ecosystem growth support a bullish ETH breakout toward $3,018. Ethereum (ETH) is […]

Highlights: Securitize and BNY Mellon have launched a tokenized AAA CLO fund to expand access to onchain markets. Grove will anchor the new fund with a $100 million allocation, showing rising trust in tokenized credit products. The tokenized real-world asset […]

Highlights: BNY Mellon is piloting tokenized deposits to enable instant fund transfers and faster payments. The bank has partnered with Goldman Sachs to maintain tokenized money market fund records. Global banks like JPMorgan and HSBC are also exploring tokenized deposits […]

Highlights: Goldman Sachs and BNY Mellon launch a platform for tokenized fund shares on a private blockchain network. Tokenized money market funds offer real-time access and yield while using low-risk assets like US Treasuries. Institutions can now manage idle capital […]

Highlights: Ripple has chosen BNY Mellon as the major RLUSD custodian of reserves. The BNY Mellon will offer custodial and liquidity services to Ripple-issued stablecoin. Ripple continues growing RLUSD adoption through global partnerships and banking integrations. Ripple has selected BNY […]

Highlights: BNY Mellon gains SEC approval for broader crypto custody, enhancing asset security.  This move positions the bank to capitalize on the growing crypto custody market.  However, criticism arises regarding perceived preferential treatment under regulatory guidelines. Bank of New York […]

Highlights: BNY Mellon has received an exemption from the SEC’s SAB 121 accounting guidelines. This exemption will enable BNY to include Bitcoin custody in its business operations. Michael Saylor said bank custody could boost Bitcoin’s market value. Bank of New […]