BNY Mellon isn't just dipping toes into crypto—they're building the bridge.
Carolyn Weinberg, Chief Innovation Officer, dropped the numbers at CFC St. Moritz:
20% of daily securities trading flows through them
$60T in custody
$2.2T AUM
That's legacy finance meeting blockchain rails. When institutions of this scale start connecting TradFi infrastructure to on-chain systems, it's not hype—it's infrastructure.
The question isn't if tokenization happens. It's who controls the rails when it does.
BNY's playing the long game. Worth watching.
Carolyn Weinberg, Chief Innovation Officer, dropped the numbers at CFC St. Moritz:
20% of daily securities trading flows through them
$60T in custody
$2.2T AUM
That's legacy finance meeting blockchain rails. When institutions of this scale start connecting TradFi infrastructure to on-chain systems, it's not hype—it's infrastructure.
The question isn't if tokenization happens. It's who controls the rails when it does.
BNY's playing the long game. Worth watching.