BNY Mellon to launch tokenized deposits for client blockchain payments

Bank of New York Mellon (BNY Mellon), the world’s largest custodial bank, is testing tokenized deposits to modernize its global payment infrastructure. The $55. 8 trillion custodial bank seeks to keep pace with a growing shift toward blockchain-based finance. According to reports, the effort, which is still in the exploratory phase, aims to let clients make […] source: https://www.cryptopolitan.com/bny-mellon-to-launch-tokenized-deposits/