BNY Mellon

BNY Mellon Follows State Street in Backing New Crypto Trading Platform: Report

BNY Mellon and State Street join four other firms in backing the platform.

Business  ·  21 July 2021

BNY Mellon to Provide Grayscale With ETF Services After ‘Anticipated’ GBTC Conversion

The world’s largest custodian bank will begin handling accounting and administration services for the Grayscale Bitcoin Trust in October.

Business  ·  13 July 2021
BNY Mellon

BNY Mellon Would Be Service Provider for First Trust, SkyBridge’s Proposed Bitcoin ETF

The custody bank would provide ETF basket operations, order taking, fund accounting, fund administration and transfer agency services.

News  ·  8 April 2021
Funding Rounds

Fireblocks Raises $133M to Serve More Megabanks With Crypto Custody

The Series C round was led by Coatue – with participation from BNY Mellon.

Business  ·  18 March 2021
Custody

BNY Mellon Said to Hire Fireblocks for Bitcoin Custody Service

Earlier this month, America’s oldest bank said it was using outside partners for its crypto custody service but did not name names.

Business  ·  22 February 2021
BaFin

Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage

The bank’s game plan was hidden in plain sight in a widely overlooked report by the World Economic Forum.

Business  ·  13 February 2021
BNY Mellon

Bitcoin Hits New All-Time High as BNY Mellon Announces Crypto Custody

"Bitcoin is loving the BNY Mellon news. It's a very big deal," trader and analyst Alex Kruger tweeted.

Markets  ·  11 February 2021
Custody

BNY Mellon Announces Crypto Custody and Spies Integrated Services

The world’s biggest custodian bank beats rivals JPMorgan and Citi to the punch.

Business  ·  11 February 2021
CoinFlash

OneCoin Investors Allege BNY Mellon Aided $4B Fraud

Following the publication of the FinCEN Files on Monday, investors suing OneCoin have now added allegations against BNY Mellon to their lawsuit.

Policy & regulation  ·  25 September 2020
OneCoin

FinCEN Files: BNY Mellon Processed $137M for Entities Linked to OneCoin

The leaked "FinCEN files" show that BNY Mellon flagged a $30 million purported loan that it helped wire as one suspected case of OneCoin laundering funds.

Policy & regulation  ·  21 September 2020
Franklin Templeton

Vanguard to Go Live on Symbiont’s Blockchain Platform for Foreign Exchange in Q3 2020

Mutual fund giant Vanguard has completed another blockchain pilot that aims to change the risk profile of foreign exchange transactions.

Business  ·  26 June 2020
Institutional Investors

Vanguard Ran Its Digital Asset-Backed Securities Pilot in 40 Minutes

Vanguard and a handful of high-profile players are piloting ways to record the entire lifecycle of an asset-backed security on a blockchain. Here's why.

Business  ·  23 June 2020
BNY Mellon

Mutual Fund Giant Vanguard Wraps Phase 1 of Digital Asset-Backed Securities Pilot

Vanguard worked with blockchain startup Symbiont, BNY Mellon, Citi, State Street and others to model the full lifecycle of digital ABS settlement.

Business  ·  11 June 2020
Trade Finance

BNY Mellon Aims to Go Live ‘ASAP’ on Trade Finance Blockchain Marco Polo

Bank of New York Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so.

Business  ·  26 November 2019
Legal

Bitwise Taps BNY Mellon as Transfer Agent for Proposed Bitcoin ETF

Bitwise has tapped Bank of New York Mellon to act as the administrator and transfer agent for its proposed bitcoin ETF.

Policy & regulation  ·  11 September 2019