BNY Launches Onchain Transfer Agency for Its $8.6 Trillion Fund Business
BNY Mellon is launching a digital transfer agency that will record fund transactions and investor ownership onchain. Baillie Gifford, Blackrock and BNY’s Dreyfus unit are expected to be among its first users. Baillie Gif...
Watchlist
Fresh in the current trading session. A tracked entity is involved.
Why this matters
BlackRock is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on Bitcoin NewsRelated market context
BNY to bring transfer agency records onchain in blockchain push
BNY is launching a blockchain-based transfer agency platform as the bank expands its digital asset infrastructure and moves core f...
BNY launches digital transfer agent for tokenized funds: FT
BNY's blockchain initiative could revolutionize fund management, enhancing efficiency and accessibility while setting a precedent...
Psalion Launches $50M Fund to Back Blockchain Startups as Web3 Adoption Pushes Forward
Psalion, a Singapore-based digital asset firm, has launched a $50 million venture fund targeting pre-seed and seed-stage startups...
Ethereum Institutional completes first funding round with backing from 100+ ecosystem partners
Ethereum Institutional's funding success signals growing institutional interest in blockchain, potentially accelerating mainstream...
Grayscale Research sees potential for onchain vaults to rival traditional finance’s trillion-dollar credit market
Onchain vaults could democratize access to credit markets, enhancing transparency and liquidity, but regulatory clarity is crucial...
Aviva Investors launches tokenized money market fund on XRP Ledger in partnership with Ripple
Aviva's move into tokenized funds on blockchain signals a shift towards integrating digital assets in traditional finance, enhanci...