Goldman Sachs, BNY Mellon, and leading firms pilot blockchain technology for assets
Digital Asset, a prominent blockchain technology firm, recently completed a pilot test of its Canton Network, showcasing its capabilities with the participation of major financial institutions, including Goldman Sachs, BNY Mellon, DRW, Oliver Wyman, and Paxos. The test involved a broad spectrum of participants, totaling 15 asset managers, 13 banks, four custodians, and three exchanges, […]
BNY Mellon explores digital asset custody services for Asian market
BNY Mellon, the world’s largest custodian bank, is exploring the possibility of offering digital asset custody services in Asia. This news has been met with enthusiasm by many in the crypto community, as it indicates that a major financial institution is taking steps to legitimize and institutionalize cryptocurrency trading. The president and chief executive officer […]
