BNY Mellon revealed that the American version of their digital asset custody platform is now operational. This milestone demonstrates the bank’s dedication to meeting customer demand for a trusted supplier of both traditional and digital asset services. We are reimagining financial markets through blockchain & digital assets. Select U.S. institutional clients can now view traditional & digital assets on one platform. Secure and resilient, Digital Asset Custody—a milestone in our innovation journey. https://t.co/DsdUboOPWj pic.twitter.com/r0vvqoVfqT — BNY Mellon (@BNYMellon) October 11, 2022 BNY – Oldest Bank In The U.S. BNY Mellon is the oldest bank in the United States, with a 238-year history of reliability, perseverance, and invention. In keeping with this, the bank established an enterprise Digital Assets Unit in 2021 to provide solutions for the technology behind digital assets. The unit’s objective is to create the first multi-asset platform that integrates digital and traditional asset custody. The keys required to access and move about their Bitcoin (BTC) and Ether (ETH), and do other traditional accounting tasks, will now be stored by BNY Mellon and available to those fund managers. Reimagining Financial Markets Robin Vince, President and Chief Executive Officer of BNY Mellon, stated that the company could redefine financial markets using blockchain technology and digital assets since it affects over 20% of the world’...
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