BNY Debuts Tokenized Deposits for Institutions and ‘Digital Natives’ – Decrypt
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 its connective tissue to crypto. BNY, the world’s largest custodian bank, signaled on Friday that it will begin issuing digital representations of customers’ deposits on the blockchain. In...
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