BNY Mellon

Blockchains won't replace the traditional rails but will be integrated and work in tandem, the bank said in the report.

The fund offers exposure to collateralized loan obligations, with onchain capital allocator Grove planning a $100 million anchor investment.

The fund offers exposure to collateralized loan obligations, with onchain capital allocator Grove planning a $100 million anchor investment.

The bank isn’t committing to launching its own token — yet — but executives say it’s building systems that could...

The effort aims to enable near-instant settlement and potentially reduce transaction costs, with tokenized deposits moving over a blockchain.