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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