BNY Mellon Tokenized Deposits Now Live for Ripple, Citadel, ICE

Bank of New York Mellon has entered the tokenized deposits race. The bank, which holds $57. 8 trillion in assets under custody, announced Friday that clients can now transfer deposits using blockchain rails. These on-chain deposits work for collateral, margin transactions, and payments, with BNY targeting 24/7 operations. The first users include Intercontinental Exchange (which owns … source: https://coinpedia.org/news/bny-mellon-tokenized-deposits-now-live-for-ripple-citadel-ice/