51 Insights

51 Insights

CEO Notes

BNY Mellon rewrote how money moves

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Sangam Bharti's avatar
Marc Baumann and Sangam Bharti
Jan 19, 2026
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On January 9, 2026, the Bank of New York Mellon, guardian of $57.8T in assets, rewrote the rules of money.

BNY went live with tokenized deposits: 24/7, programmable, atomic settlement on private blockchains with six initial clients: ICE (owns NYSE), Citadel Securities, DRW Holdings, Ripple Prime, Baillie Gifford, and Circle. Same dollar. …

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