CoinRank

BNY Mellon Launches Tokenized Deposits, Enabling On-Chain Fund Transfers

2026-01-09 21:05:06 13 hours ago CoinRank

CONTENT

CoinRank News: BNY Mellon has launched a tokenized deposit service, allowing clients to transfer funds via blockchain networks. These tokenized deposits represent an on-chain form of the deposits held by BNY clients in their bank accounts. They can be used for collateral and margin trading, and operate 24/7 to accelerate payment speeds. Institutions currently participating in the service include Intercontinental Exchange (ICE), Citadel Securities, DRW Holdings, Ripple Prime, Baillie Gifford, and Circle. (Bloomberg)

Original Article Link

WRITER’S INTRO

CoinRank Exclusive brings together primary sources from various fields to provide readers with the most timely and in-depth analysis and coverage. Whether it's blockchain, cryptocurrency, finance, or technology industries, readers can access the most exclusive and comprehensive knowledge.

BNY Mellon Launches Tokenized Deposits, Enabling On-Chain Fund Transfers

In 2025, the U.S. job market recorded negative growth in three months: specifically in June, August, and October.

Société Générale: The Fed Has Even More Reason to Hold Steady in January