Cryptocurrency Analysis and News Portal
To this point, traditional fund managers interested in holding digital assets – who otherwise rely on BNY Mellon (or other custodial lenders) to perform the necessary back-office tasks related to their usual securities holdings – typically would have had to find a firm specializing in cryptocurrency for custody services. Source
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The Tepper School of Business at CMU created a blockchain initiative “to foster innovations in the design, use, ethics, and regulation of decentralized, blockchain-based technologies. It is the hub for blockchain thought leadership at CMU and is led by Ariel Zetlin-Jones, associate professor of economics. Source
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Trust Machines has hired Manas Mohapatra and Asiff Hirji, formerly of BNY Mellon and Coinbase respectively, in legal and advisory roles. Source
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Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion. BNY Mellon to Become USDC’s Primary Custodian Circle has chosen America’s oldest investment bank
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BNY Mellon, a major investment bank, is developing a digital asset custody platform that would allow institutional customers to gain crypto exposure.According to a report from City A.M., customers will be able to store the world's most popular cryptocurrencies, Bitcoin (BTC) and Ether (ETH), in BNY Mellon crypto wallets which
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As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY
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The university said in a statement last week that the center will drive a “new way” of doing math by creating “collaborative digital libraries” for mathematical tools. CMU said it will make the technology widely accessible and advance discoveries across a broad range of disciplines, including computer science, physics and
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Bank of New York Mellon has joined a consortium of six heavyweight lenders launching a new bitcoin (BTC) trading venue and crypto exchange. If all goes as planned, Pure Digital exchange will make history as the first-ever crypto exchange to be entirely controlled by traditional banks, according to a Financial
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Grayscale Investments has entered an agreement with The Bank of New York Mellon Corporation, also known as BNY Mellon Effective Oct. 1st, BNY Mellon will become an asset servicing provider for the Grayscale Bitcoin Trust BNY Mellon will also provide transfer agency and ETF services for the Grayscale Bitcoin Trust once it
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In February, one of the oldest financial institutions in the United States, Bank of New York Mellon, announced the launch of a custody service for Bitcoin and other cryptocurrencies. Claiming that BTC has become a widely accepted asset, the institution opted to get ahead in innovation. Now, BNY Mellon has published
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