Sentiment: Positive
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BNY Targets $8.6T Transfer Agency Market With Blockchain Rails
By Kelvin Munene at 2026-10-13 02:49
Sentiment: Positive
TLDR BNY is launching a blockchain-based version of its transfer agency business. The business services about $8.6T in assets across 7.6M accounts. BNY manages more than $59T in assets under custody and administration. Baillie Gifford will use the service for a UK-regulated tokenized fund. BlackRock and Dreyfus are expected to use the platform for planned [...] The post BNY Targets $8.6T Transfer Agency Market With Blockchain Rails appeared first on CoinCentral. Continue reading...
Categories: Markets
Tags: #Markets #BNY Mello
Source Coin Central