BNY Bank of America Launches Digital Transfer Institution, Managing $8.6 Trillion in Fund Business
2026-07-30 04:04:41
According to CoinMeta, BNY Bank of America announced the launch of a digital transfer institution that will record fund transactions and investor ownership on the blockchain. It is expected that Baillie Gifford, Blackstone Group, and the Dreyfus units of BNY will be among the first users. Baillie Gifford will use the BNY platform to launch the UK's first domestically compliant tokenized fund.
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Source:Internet
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