Bank of New York, the world's largest custodian bank, will offer tokenized deposit services to institutional investors. | PANews

Bank of New York, the world's largest custodian bank, will offer tokenized deposit services to institutional investors.

PANews reported on January 10 that BNY Bank, the world's largest custodian bank, will launch a platform that allows institutional clients to settle deposits on a blockchain. This functionality will operate on BNY Bank's private permissioned blockchain and will be subject to the company's established risk, compliance, and control framework.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together

PANews WeChat Group

Telegram Discussion Group

Telegram News Channel

Recommended Reading

PA一线

10/07/2025, 11:37 AM

BNY Mellon explores tokenized deposits and blockchain payments

PA一线

02/05/2026, 01:10 AM

a16z published an article stating that blockchain is a key infrastructure for internet trust in the AI era.

PA一线

02/04/2026, 05:51 AM

The operator of the dark web drug trafficking platform Incognito Market was sentenced to 30 years in prison.

PA一线

01/30/2026, 02:44 PM

Driven by the expansion of its crypto business, US national bank SoFi's revenue surpassed $1 billion for the first time in the fourth quarter.

PA影音

01/28/2026, 06:50 AM

The heated debate over "Bitcoin vs. Tokenized Gold" at last year's Binance Blockchain Week continues offstage...

PA一线

01/24/2026, 03:55 PM

Pantera Capital: Quantum competition resistance could strengthen the "gravitational effect" of core blockchain networks, potentially making Ethereum a safe haven for data and assets.