Major Move: BNY Mellon Steps Into Blockchain Finance
One of the world's largest custodian banks has rolled out tokenised deposit infrastructure, enabling seamless on-chain fund transfers. The development marks a pivotal moment where institutional-grade financial services meet decentralized networks.
What does this mean? Clients can now leverage blockchain rails for fund settlement while maintaining traditional banking relationships. It's not just about speed—it's about bridging the institutional finance and crypto ecosystems in a regulated framework.
This type of infrastructure expansion signals growing institutional confidence in blockchain technology for real-world financial operations. As more legacy financial players enter the space with production-ready solutions, the narrative shifts from speculation to utility.
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DefiOldTrickster
· 15h ago
Wait, is BNY Mellon really going to play arbitrage on the blockchain? I need to watch carefully...
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RugResistant
· 01-09 22:03
BNY Mellon is serious this time, finally a major institution dares to make a real move
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Wait, can this really change the game or is it just another marketing stunt?
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Basically, traditional finance is starting to copy our homework haha
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Regulated framework sounds less free... What's the use of centralized blockchains?
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Oh my god, it's finally happening, institutional level is the real deal
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The era of true utility? I bet it will be hyped up and crash again
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This is what proper compliance looks like, those previous coins were just nonsense
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MetaverseMortgage
· 01-09 21:42
BNY Mellon is entering just like this? Feels still too conservative. If a real revolution were to happen, it would have already come.
Major Move: BNY Mellon Steps Into Blockchain Finance
One of the world's largest custodian banks has rolled out tokenised deposit infrastructure, enabling seamless on-chain fund transfers. The development marks a pivotal moment where institutional-grade financial services meet decentralized networks.
What does this mean? Clients can now leverage blockchain rails for fund settlement while maintaining traditional banking relationships. It's not just about speed—it's about bridging the institutional finance and crypto ecosystems in a regulated framework.
This type of infrastructure expansion signals growing institutional confidence in blockchain technology for real-world financial operations. As more legacy financial players enter the space with production-ready solutions, the narrative shifts from speculation to utility.