BNY Mellon Launches Tokenized Deposits to Accelerate Institutional Settlements
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2026- Launch of Tokenized Deposits: BNY Mellon has introduced tokenized deposits on its private blockchain to accelerate institutional settlements, which is expected to significantly enhance liquidity visibility and meet market demands for faster settlement.
- Compliance and Liquidity Management: The platform maintains compliance while integrating with existing banking systems, ensuring clients retain standard withdrawal rights without operational changes, thereby enhancing client trust.
- Initial Focus: BNY Mellon will initially concentrate on collateral and margin requirements to reduce settlement delays associated with legacy payment systems, improving fund movement efficiency during volatile trading periods.
- Market Participants: Initial users include major institutions like Intercontinental Exchange and Citadel Securities, indicating a growing market demand for tokenized assets and further solidifying BNY Mellon's leadership position in the digital asset space.
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.
