BNY Launches Blockchain-Based System to Fund Transactions
Covered by 2 sources · 2 articles
2 outlets - including Coin-turk and Defi-planet - are covering this story. 🚨 BNY Mellon to record $8.6 trillion in fund assets on its blockchain system. 🟠 BlackRock, Baillie Gifford, and Dreyfus will be among the first users of the new platform. 🗂️ The project mirrors traditional ownership records with blockcha…
All coverage
BNY Mellon to record $8.6 trillion in fund assets on blockchain system
🚨 BNY Mellon to record $8.6 trillion in fund assets on its blockchain system. 🟠 BlackRock, Baillie Gifford, and Dreyfus will be among the first users of the new platform. 🗂️ The project mirrors traditional ownership records with blockcha…
BNY Launches Blockchain-Based System to Fund Transactions
BNY is preparing to launch a blockchain-based digital transfer agency that will record fund transactions and ownership alongside its existing systems. The initiative will initially cover about $8.6 trillion in assets across 7.6 million inve…