Tag: BNY Mellon

  • BNY Mellon Brings CLOs On-Chain

    BNY Mellon Brings CLOs On-Chain

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    by

    Yashika Gupta

    BNY Mellon has taken its next major step in blockchain-based finance with the launch of a tokenised collateralised loan obligation (CLO) fund, marking a notable evolution in its digital asset strategy. The move signifies the bank’s intent to bridge traditional credit markets and blockchain infrastructure, reflecting growing institutional confidence in tokenisation. The new Securitize Tokenized…

  • Goldman and BNY Launch Tokenised Money Market Funds

    Goldman and BNY Launch Tokenised Money Market Funds

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    by

    Oscar

    Goldman Sachs and BNY Mellon have jointly announced the launch of tokenised shares of money market funds (MMFs), bringing blockchain technology further into mainstream finance. The initiative enables investors to buy and sell MMF shares via BNY’s LiquidityDirect platform, while maintaining a blockchain-based record of ownership using Goldman’s GS DAP® (Digital Asset Platform). The collaboration…

  • Ripple Partners with BNY Mellon to Back RLUSD Stablecoin

    Ripple Partners with BNY Mellon to Back RLUSD Stablecoin

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    by

    Oscar

    Ripple has appointed the Bank of New York Mellon Corporation (BNY Mellon), a financial titan with over $43 trillion in assets under custody, as the primary custodian for its US dollar-backed stablecoin, RLUSD. The partnership was finalised on July 1 and publicly revealed on July 9, marking a major step in Ripple’s strategy to merge…