Developing2 outlets · over 2 hours

BNY moves transfer agency to blockchain

Bank of New York Mellon is shifting its core transfer agency record-keeping onto blockchain, servicing about $8.6 trillion in assets. The move creates a single on-chain ownership ledger and initially supports clients including Baillie Gifford, BlackRock, and BNY's Dreyfus unit for tokenized funds.

Read the full brief

The story so far2 updates, latest first.

ByteBrief

Skimming the internet so you don't have to

BNY moves transfer agency to blockchain - the story so far | ByteBrief