BNY Mellon News

According to the latest news reports, the Federal Reserve Bank of New York and the Global banking giants are initiating a 12-week digital dollar pilot dubbed proof of concept (POC). The pilot aims to test the viability of using tokens…

BNY Mellon has stated it would start accepting cryptocurrency assets from customers, making it the first major U.S. bank to protect digital properties and traditional holdings on the same network.

Circle announced the selection of BNY Mellon, one of the oldest U.S. banks and one of the first to embrace custody of digital assets, as the principal custodian for USD Coin (USDC) reserves. BNY Mellon to Custody USDC Stablecoin Assets…

Marketnode has joined forces with 10 multinational financial institutions, including BNY Mellon, Barclays, BNP Paribas, Citi, Deutsche Bank, Standard Chartered, and Societe Generale, amongst others, to launch an enterprise-grade blockchain-based fixed income solution, according to reports on September 27, 2021.…

Bank of New York Mellon has joined a consortium of six heavyweight lenders launching a new bitcoin (BTC) trading venue and crypto exchange. If all goes as planned, Pure Digital exchange will make history as the first-ever crypto exchange to…

Grayscale Investments today announced it has chosen BNY Mellon as an asset servicing provider for Grayscale Bitcoin Trust. Grayscale Investments Banks on BNY Mellon Grayscale Investments, the largest crypto-asset manager in the world in terms of AUM has inked a…

A recent Bloomberg report reveals that Insight Investment, a subsidiary of BNY Mellon, is wary about investing in bitcoin (BTC). The global asset manager says it isn’t sure about the long-term merits of the world’s leading cryptocurrency as a means…

BNY Mellon has attributed the underperformance of its small-cap exchange-traded fund (ETF) to its failure to add the stocks of bitcoin-linked firms such as MicroStrategy, choosing to invest in gold instead.  Missed Opportunity In its Certified Shareholder Report of Registered…

Corporate banking company BNY Mellon revealed it is working with a different entity for its digital asset custody services, although it did not specify any group. Fireblocks Rumor However, according to Coindesk, the investment giants are working with Fireblocks in…

America’s oldest bank, Bank of New York Mellon (BNY Mellon), has announced plans to create a crypto custodial service for its clients. This is a significant move from one of the biggest banks in the world.  Crypto Custodial Services BNY…

The Marco Polo consortium welcomes the Bank of New York Mellon (BNY Mellon), Japan’s MUFG, and Credit Agricole in their blockchain-based trade finance platform according to a press release by Ledger Insights dated November 26. BNY Mellon Joins Marco Polo…