Tokenized Deposits - Febspot

Tokenized Deposits

A collection of 2 posts

BNY to offer tokenized deposits to institutional investors — Cdn.sanity.io

BNY to offer tokenized deposits to institutional investors

BNY, described as the world’s largest custodial bank, will offer tokenized deposits to institutional investors. The initiative mirrors deposit balances on a private blockchain to speed up settlement and unlock liquidity. No further details were included in the source material. Key Topics Crypto, Bny, Tokenized Deposits, Private Blockchain, Institutional

BNY Mellon launches tokenized deposit service with Ripple Prime and Circle — Assets.beincrypto.com

BNY Mellon launches tokenized deposit service with Ripple Prime and Circle

Beincrypto reports BNY Mellon has launched a tokenized deposit service that allows institutional clients to convert cash into digital tokens on a private blockchain, and the platform is being tested by major crypto and financial firms including Ripple Prime and Circle. The bank said the hybrid structure keeps deposits recorded