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BNY Paves the Way for Future Finance with New Blockchain Deposit PlatformBNY, the world’s largest custodian bank, has officially entered the era of digital assets by launching a groundbreaking platform for institutional tokenization. With nearly $58 trillion in assets under management, the Wall Street titan now allows its clients to settle bank deposits using a private blockchain. By mirroring real-time balances on a distributed ledger, the bank aims to significantly accelerate settlement speeds and provide institutions with more agile liquidity management tools. This strategic move follows a successful pilot phase initiated last year, where BNY began testing token-based deposits to modernize its global payment infrastructure. This transition to blockchain-based settlements marks a major step in overhauling traditional financial processes, replacing legacy systems with high-efficiency digital solutions. As BNY integrates these technologies, it reinforces its position as a leader in the evolution of global banking and the broader adoption of tokenized real-world assets. $ONDO I $ETH I $CLO {future}(CLOUSDT) {future}(ETHUSDT) {future}(ONDOUSDT) #USNonFarmPayrollReport I #USTradeDeficitShrink I #ZTCBinanceTGE I #币安HODLer空投BREV I #FOMCWatch

BNY Paves the Way for Future Finance with New Blockchain Deposit Platform

BNY, the world’s largest custodian bank, has officially entered the era of digital assets by launching a groundbreaking platform for institutional tokenization. With nearly $58 trillion in assets under management, the Wall Street titan now allows its clients to settle bank deposits using a private blockchain. By mirroring real-time balances on a distributed ledger, the bank aims to significantly accelerate settlement speeds and provide institutions with more agile liquidity management tools.
This strategic move follows a successful pilot phase initiated last year, where BNY began testing token-based deposits to modernize its global payment infrastructure. This transition to blockchain-based settlements marks a major step in overhauling traditional financial processes, replacing legacy systems with high-efficiency digital solutions. As BNY integrates these technologies, it reinforces its position as a leader in the evolution of global banking and the broader adoption of tokenized real-world assets.
$ONDO I $ETH I $CLO
#USNonFarmPayrollReport I #USTradeDeficitShrink I #ZTCBinanceTGE I #币安HODLer空投BREV I #FOMCWatch
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