BNY Mellon plans to launch digital asset custody platform later this year By Cointelegraph
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BNY Mellon (NYSE :), a major investment bank, is developing a digital asset custody platform that will allow institutional customers to gain crypto exposure.
According to a report from City AM, customers will be able to store the world’s most popular cryptocurrencies, (BTC) and Ether (ETH), in BNY Mellon crypto wallets, which will be powered by Fireblocks technology. However, once regulatory approval has been granted, the service will gradually increase and integrate a variety of tokenized traditional and digital assets.
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