European authorities added 15 crypto companies including a BNY Mellon unit to the Markets in Crypto-Assets (MiCA) framework register in the third update of...
Unlike cryptocurrencies such as bitcoin, stablecoins are designed to maintain a fixed price pegged to a fiat currency, typically to the U.S. dollar and...
Baillie Gifford, a 118-year-old investment firm based in the Scottish capital of Edinburgh, unveiled a fixed-income tokenized fund in association with global custody giant...
NUVA launched this week with nearly $19 billion in tokenized real-world assets from Figure Technologies, aiming to bring regulated U.S. yield products into DeFi.
OpenEden has introduced HYBOND, the first tokenized product tied to BNY Investments’ Global Short-Dated High-Yield Bond strategy, expanding the scope of institutional-grade investments available...
BNY is to tokenize institutional cash deposits for real-time on-chain settlement between industry participants.EditorialThis content has been selected, created and edited by the Finextra...
In brief
BNY said that it will begin issuing tokenized deposits.
The product relies on the bank’s private and permissioned blockchain.
The institution described the tokens as...
