BNY, BlackRock Both Stake Crypto Through Galaxy
Product brands multiply while the operators underneath consolidate. Ethereum finality halts at 33% of staked ETH, a threshold a handful of institutional providers are now collectively approaching.
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Product brands multiply while the operators underneath consolidate. Ethereum finality halts at 33% of staked ETH, a threshold a handful of institutional providers are now collectively approaching.
BNY is shifting core ownership record-keeping for one of Wall Street's largest back-office functions onto chain, with BlackRock, Baillie Gifford and Dreyfus lined up as launch clients.
The custody and admin backbone of US pension and wealth-manager money is going on-chain, the strongest single TradFi adoption signal since BlackRock's spot BTC ETF.
The world's largest custody bank is using stablecoin reserve flows as the wedge to break Treasury settlement out of its weekday-only window, with tokenized Treasuries on a private chain next.
The world's largest custodian now lets institutions convert dollars into USDC and back from inside BNY wallets, a structural on-ramp for the same pension and treasury desks that already park cash at…
The world's largest custody bank now lets institutions hold, mint and redeem Circle's USDC through a single regulated platform, formalising the bridge between Wall Street balance sheets and…
The regulator and the rails aren't ready, but Wall Street is shipping tokenized funds anyway, and BNY's ETF chief is flagging a quieter problem: hundreds of lookalike ETFs already trade in…
A 118-year-old Scottish asset manager is issuing a dollar-denominated corporate-bond fund directly onchain, with BNY handling the rails.