For Bitcoin and Ethereum

BNY Mellon Launches New Digital Asset Custody Platform


Author: Funds Society, Miami

  1. BNY Mellon formed an enterprise Digital Assets Unit in 2021 to develop solutions for digital asset technology, with plans to launch the industry's first multi-asset platform that bridges digital and traditional asset custody
  2. A recent survey sponsored by BNY Mellon highlights thet almost all institutional investors (91%) are interested in investing in tokenized products
  3. Additionally, 41% of institutional investors hold cryptocurrency in their portfolio today, with an additional 15% planning to hold digital assets in their portfolios within the next two to five years