BNY Launches Onchain Transfer Agency for Its $8.6 Trillion Fund Business

AI Summary BNY Mellon is launching a digital transfer agency that will record fund transactions and investor ownership onchain. Baillie Gifford, Blackrock and BNY’s Dreyfus unit are expected to be among its first users. Baillie Gifford to Use BNY Platform for UK’s First Native Regulated Tokenized Fund BNY (Bank of New York) Mellon is putting one of […] fulltext: 349 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/crypto-news/bny-launches-onchain-transfer-agency-for-its-8-6-trillion-fund-business/ Source: Bitcoin.com News