Express

BNY Mellon Says Client Demand is Reason For Crypto Custody Launch

Tris Bell

Summary: BNY Mellon CEO Robin Vince said in a conference call Monday crypto demand was the biggest reason for its crypto custody launch. According to Vince, 75% of BNY’s clients are either investing or considering investing in digital assets and 90% expect to be tokenizing their assets within the next few years.  Vince believes full-scale adoption ...

BNY Mellon CEO Robin Vince said in a conference call Monday crypto demand was the biggest reason for its crypto custody launch.

According to Vince, 75% of BNY’s clients are either investing or considering investing in digital assets and 90% expect to be tokenizing their assets within the next few years. 

Vince believes full-scale adoption to crypto is just a matter of years or even decades away. However, he added that the bank is not pouring a ton of capital into it just yet.

Author: Tris Bell

Last Update:

Tags: ,
Link: BNY Mellon Says Client Demand is Reason For Crypto Custody Launch   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago

    • You need to login to comment.