BNY

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BNY, the world's largest custody bank, has expanded its digital asset platform to include USDC custody, minting and redemption services for institutional clients through its partnership with Circle.

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The Bank of New York Mellon, the world's largest custodial bank, plans to introduce tokenized deposits targeted at institutional investors. This move aims to mirror deposit balances on a private blockchain, enhancing settlement speeds and liquidity access.

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