10 hours ago | 2 mins read Bitcoin News The bank announced its ambitions to provide cryptocurrency services in February 2021. The bank will also make use of Chainalysis’s services to track the route o...
Tag: BNY
BNY Mellon First Ever Major U.S. Bank To Launch Crypto Custody
In a landmark development in the traditional financial service industry, a major U.S. bank announced launch of crypto custody services. The move makes the bank the first one to store crypto besides tr...
The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum – Bitcoin News
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall S...
BNY Mellon receives New York approval for crypto custodial services
The oldest bank in the United States, Bank of New York Mellon (BNY Mellon), has received approval to add digital assets custody to its services, The Wall Street Journal reported on Oct. 11. According ...
BNY Mellon Now Offering Bitcoin And Ethereum Custody Services
– Advertisement – America’s oldest bank will commence its custody service for cryptos this week. BNY Mellon, America’s oldest bank, has announced that it will commence offering custody ser...
$43,000,000,000,000 Financial Giant BNY Mellon To Offer Bitcoin (BTC) Services to Wealthy Clients: Report
US banking giant Bank of New York Mellon Corporation (BNY Mellon) is set to offer Bitcoin (BTC) and other crypto custody services. Earlier this year, BNY Mellon CFO Emily Portney stressed the importan...
BNY Mellon Is Now the First US Bank to Provide Crypto Custody
The Bank of New York Mellon (BNY Mellon) now allows customers to deposit their cryptocurrency holdings. As such, the banking institution now operates as a custodian for both digital and other types of...
BNY Mellon Moves To Let Institutions Hold Bitcoin, Ether
BNY Mellon launched a digital assets unit in February 2021 to build custody platform for traditional and digital assets The bank partnered with crypto tech specialists Fireblocks and Chainalysis to he...
BNY Mellon launches its Digital Asset Custody platform
In the latest cryptocurrency news, BNY Mellon, an investment and wealth management company that’s also the world’s leading custody provider, has unveiled its digital assets platform that will see cust...
BNY Mellon Will Hold Bitcoin and Ethereum for Clients. Here’s Why It Matters
Key Takeaways BNY Mellon will start receiving Bitcoin and Ethereum for clients this week after winning approval from New York’s financial regulator, The Wall Street Journal has reported. The cen...
Muneeb Ali’s Trust Machines Hires Coinbase, Reddit, BNY Veterans
Vladislav Sopov Leading Bitcoin apps company expands its team of industry headliners ahead of major development releases Contents Coinbase’s Asiff Hirji joins Trust Mashines as advisor Bringing ...
BNY Mellon, Singapore Sovereign Wealth Fund Participate in Crypto Data Platform’s $170,000,000 Fundraising Round
The Government of Singapore Investment Corporation (GIC), Singapore’s sovereign wealth fund, and US banking giant Bank of New York Mellon Corporation (BNY Mellon) are leading a new $175 million fundra...
Banking Giants Citi, BNY Mellon and Wells Fargo Lead $105,000,000 Raise for Crypto Infrastructure Firm
The latest major funding round for crypto trading infrastructure firm Talos is raising $105 million from investors including banking giants Citi, BNY Mellon and Wells Fargo. In a new press release, th...
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates – Finance Bitcoin News
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-...
Citi, Wells Fargo, BNY Mellon Invest $105 in Crypto Infrastructure Firm Talos
Talos’s valuation has reached $1.25 billion after the latest $105 million Series B funding round led by global growth equity firm General Atlantic. Other Investors include Stripes, BNY Mellon, Citi, W...
Talos Reaches Unicorn Status with $1.25B Valuation, Backing includes Citigroup, Wells Fargo, BNY Mellon
A $105 million Series B funding round led by some of the world’s leading banks puts crypto trading tech developer Talos’ valuation at $1.25 billion. Led by global growth equity firm General Atlantic, ...
BNY Mellon Enters Singapore’s Digital Assets Market With BAS Tie-Up BNY Mellon Enters Singapore’s Digital Assets Market with BAS Tie-Up
Blockchain Association of Singapore (BAS) on Wednesday announced a partnership with American banking major BNY Mellon. As per the MoU, the latter comes on board BAS as a strategic collaborator. BAS’ t...
Blockchain Association Singapore (BAS) signs an MOU for a partnership with BNY Mellon
TL;DR Breakdown BNY Mellon IM and BAS have sealed a partnership by signing a Memorandum of Understanding (MOU). The duo will work on developing a blockchain network to initiate a global effort in advo...
BNY Mellon Partners With Singapore Firm In Blockchain Adoption Push
Investment bank BNY Mellon signed a memorandum of understanding (MOU) with the Blockchain Association Singapore (BAS) to collaborate on advancing blockchain technology, driving institutional digital a...
BNY Mellon Reports $3.9 Billion in Q1 Revenue
Yesterday, BNY Mellon reported its financial results for the first quarter of 2022 (Q1 2022). The financial services provider posted a sharp decline of nearly 11% in EPS as the number reached $0.86, c...
Russia Evades Default as JPMorgan, BNY Mellon Process Funds
(Bloomberg) — JPMorgan Chase & Co. and Bank of New York Mellon Corp. processed a payment transaction from Russia for one of its dollar bonds, allowing the nation to continue sidestepping a d...
Circle selects BNY Mellon as custodian for USDC reserves
On Thursday, USD Coin (USDC) operator Circle announced that it had selected financial institution BNY Mellon as the custodian of its USDC reserves. Founded in 1784, BNY Mellon is one of the oldest ban...
Circle Unveils BNY Mellon as Custodian for USDC Reserves – crypto.news
Circle announced the selection of BNY Mellon, one of the oldest U.S. banks and one of the first to embrace custody of digital assets, as the principal custodian for USD Coin (USDC) reserves. BNY Mello...
USDC Reserves Will Be Custodied With BNY Mellon, Says Circle
Circle has selected Bank of New York Mellon as its primary custodian for USD Coin (USDC) reserves. In the past six months, Circle has seen its valuation double to $9 billion and the market cap of its...
Circle Taps BNY Mellon to Serve as Custodian for USDC Stablecoin Reserves
The Bank of New York Mellon Corporation, popularly known as BNY Mellon, has been selected to serve as the “primary custodian” for the reserve assets behind the USDC stablecoin, a cryptocurrency whose ...
Circle Chooses BNY Mellon to Custody USDC Reserves – Bitcoin News
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the secon...
BNY Mellon to become primary custodian for Circle’s USDC stablecoin reserves
Peer-to-peer payments processor Circle Internet Financial today announced that it has chosen the Bank of New York Mellon Corporation, also known as BNY Mellon, to become a primary custodian for its US...
Circle Picks BNY As Custodian Of USDC Reserves
Financial infrastructure provider Circle Internet Financial said on Thursday it had picked Wall Street BNY Mellon as the primary custodian for the reserves backing its stablecoin USD Coin (USDC). Circ...
BNY Mellon Becomes New Custodian of USDC Reserves Via Partnership With Circle
Circle, a global Internet financial payments company and issuer of the USDC stablecoin, announced today that the Bank of New York Mellon Corporation (BNY Mellon) has become the primary custodian of US...
BNY Mellon Preparing to Launch Institutional Crypto Custody Platform
BNY Mellon, a major US global bank headquartered in New York, has announced plans to launch a digital asset custody platform today to enable institutional clients to get exposure to cryptocurrencies ...
BNY Mellon Partners With Chainalysis, Plans Launch Of Crypto Custody Platform
The Bank of New York (BNY) Mellon, currently ranked as the world’s largest custodian bank and securities services company with $41.7 trillion in assets under custody (AUC) and over $2.2 trillion...
BNY Mellon plans to launch digital asset custody platform later this year
BNY Mellon, a major investment bank, is developing a digital asset custody platform that would allow institutional customers to gain crypto exposure. According to a report from City A.M., customers wi...