BNY Mellon Launches Tokenized Deposit Services with $57.8 Trillion in Assets
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- Blockchain Service Launch: BNY Mellon launched its tokenized deposit services on Friday, enabling institutional clients to transfer funds via blockchain, marking an innovative advancement in managing $57.8 trillion in assets.
- Real-Time Settlement Capability: The tokenized deposit service allows for near real-time settlement of collateral and margin transactions, not only enhancing transaction efficiency but also increasing client trust in the bank's services.
- Compliance and Security: Built on a private permissioned blockchain, the service integrates with existing systems while maintaining traditional record-keeping for regulatory compliance, demonstrating the bank's commitment to compliance in the digital asset space.
- Market Strategic Positioning: BNY Mellon's tokenized deposits are viewed as foundational infrastructure for broader securities tokenization, aiming to drive the digital transformation of financial products like stocks and bonds through alignment with regulatory frameworks.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
