BNY Mellon Launches Tokenized Deposits for Ripple, Citadel, and ICE
BNY Mellon has activated tokenized deposits for Ripple, Citadel, and ICE, marking a major step in institutional blockchain adoption for real-world asset settlement.
Issuer
BNY Mellon
Asset Type
Tokenized Deposits
Partners
Ripple, Citadel, ICE
Status
Live
The banking giant BNY Mellon has made its tokenized deposit service live for three major financial entities. This initiative enables Ripple, Citadel, and ICE to utilize blockchain technology for deposit operations. The move signals growing integration of traditional finance infrastructure with digital asset networks.
Original summary by the Intergalactic Newsroom based on the cited source; read the source for full details. Not investment advice.