BNY, which has more than $59tn in assets under custody and administration, is moving one of its core record-keeping businesses onto blockchain as Wall Street builds the infrastructure for tokenized funds, the Financial Times …
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BNY
But Slavin said firms appear reluctant to wait. “Even though the regulations and the rails aren’t fully ready yet, they want to get products out,” he said. Wall Street believes that blockchain networks could …
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BNY Mellon Stays ‘Agile’ on Stablecoin Plans, Focuses on Infrastructure
by adminby adminBNY Mellon is exploring the development of stablecoin infrastructure but has not committed to launching its own token, executives said during the company’s recent earnings discussion on Thursday. The bank, one of the world’s …
