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by: xpoolPosted on: October 7, 2025

BNY Embraces Tokenized Deposits to Power $2.5 Trillion Payment Network

BNY Mellon, the world’s leading custodian bank, is exploring the use of tokenized deposits to enable instant, 24/7 fund transfers for clients. This innovative approach aims to ease the limitations of legacy systems and enhance real-time and cross-border payments. BNY’s initiative will involve transitioning a portion of its $2.5 trillion daily payment flow onto blockchain rails.

Related posts:

  1. Hong Kong Paves the Way for Automated Tokenization Funds with New Pilot Project
  2. BlackRock Invests in Blockchain Tokenization for ETFs and Real-World Assets
  3. BlackRock Investigates Tokenized ETFs to Enhance Market Accessibility
  4. Tokenized Assets Surge Past $29 Billion, Signaling a Major Shift in Finance
Blockchain Payment Infrastructure Tokenization

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