ripple bny mellon. Photo by BeInCrypto

Bank of New York Mellon (BNY) has taken another major step into the digital asset space with the launch of a tokenized deposit service.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bank of New York Mellon (BNY Mellon) has taken a significant step forward in the cryptocurrency and digital asset space by introducing tokenized deposit capabilities specifically for institutional clients.  Tokenized Deposits Launch At BNY Mellon According to reports on the matter, the new system operates on a private, permissioned blockchain.

The Bank of New York (BNY) Mellon has launched a tokenized deposit service that allows institutional customers to convert cash into digital tokens. The initiative brings together major crypto players, including Ripple and Circle, on a private blockchain designed to speed up monetary transfers. Sponsored Sponsored BNY targets 'permanent' markets with new digital deposit offerings The new offer allows its institutional customers to convert…

BNY Mellon 在私有区块链上启用代币化存款，加速机构清算，同时保持监管合规。

BNY Mellon enables tokenized deposits on a private blockchain, accelerating institutional settlement while maintaining regulatory compliance.

Capability marks a step forward in BNY’s ambition to tokenize bank deposits for real-time, on-chain settlement between industry participants

Tokenized bank deposits went live inside a regulated banking giant, marking a decisive step toward on-chain cash as Ripple and BNY moved institutional money onto blockchain rails for real-world use.

Financial services company BNY Mellon launched tokenized bank deposits, a real-world tokenized asset (RWA), for its institutional clients on Friday.

On Friday, BNY, the world's largest custodian bank, announced it will issue digital representations …

Bank of New York Mellon (BNY) has taken a significant step into the digital asset space with the launch of a tokenized deposit service. This new service