BNY Mellon’s $55T Bet on Tokenized Banking

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Oct 10, 2025

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The world’s largest custodian with $55.8T in AUM, BNY Mellon, is actively exploring the use of tokenised deposits for enabling institutional client payments over distributed ledger technology (DLT) rails. [NEWS]

The message is clear: Existing payment rails are expensive, and institutions will switch to blockchain infrastructure if it saves cost and time…

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