BNY Mellon


Finance

Canton Network Creator Snags Strategic Investment from Wall Street Giants

BNY, Nasdaq, iCapital and S&P Global invested in Digital Assets, powering blockchain infrastructure for tokenized real-world assets.

Digital Asset CEO Yuval Rooz (Digital Asset)

Finance

BNY Eyes $1.5T Stablecoin Market With New Reserve Fund for Issuers

The bank aims to provide a key piece of infrastructure for stablecoin issuers to back the value of their tokens, similarly to BlackRock's Circle Reserve Fund for USDC.

BNY office (BNY, modified by CoinDesk)

Finance

BNY Sees Stablecoins, Tokenized Cash Hitting $3.6T by 2030 Amid Institutional Adoption

Blockchains won't replace the traditional rails but will be integrated and work in tandem, the bank said in the report.

BNY office (BNY)

Finance

Securitize Rolls Out Tokenized Credit Fund with BNY on Ethereum

The fund offers exposure to collateralized loan obligations, with onchain capital allocator Grove planning a $100 million anchor investment.

Securitize CEO Carlos Domingo (Securitize)

Finance

BNY Mellon Stays ‘Agile’ on Stablecoin Plans, Focuses on Infrastructure

The bank isn’t committing to launching its own token — yet — but executives say it’s building systems that could support one if needed.

(Mario Tama/Getty Images)

Finance

BNY Mellon Trials Blockchain Deposits to Overhaul $2.5T Payments Processing

The effort aims to enable near-instant settlement and potentially reduce transaction costs, with tokenized deposits moving over a blockchain.

The Bank of New York (BNY) Mellon Corp (River North Photography/Getty Images)

Finance

Goldman Sachs and BNY Mellon Team Up for Tokenized Money Market Funds

The Wall Street banking giants are joining to a growing roster of traditional financial firms to offer tokenized versions of assets.

Goldman Sachs logo (CoinDesk archives)

Finance

Ripple Taps BNY to Custody Stablecoin Reserves as RLUSD Surpasses $500M

The move follows Ripple's application for a national banking license and a Federal Reserve master account to further integrate with the U.S. financial system.

Brad Garlinghouse, the CEO of Ripple Labs (Jesse Hamilton/CoinDesk)

Finance

Goldman Sachs, BNY Mellon and Others Test Enterprise Blockchain for Tokenized Assets

The Canton pilot allowed 15 asset managers, 13 banks, four custodians and three exchanges to seamlessly transact and settle tokenized assets.

Goldman Sachs logo (CoinDesk archives)

Policy

Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments

NY Fed’s innovation center worked with Citi, HSBC and other banks on the concept of a network for wholesale payments on a shared ledger, finding the idea has potential benefits.

HSBC and other banks in London's Canary Wharf (David Merrett/Flickr)