🏦 BNY, which supervises more than $59 trillion in assets under management, will launch a blockchain-based transfer agency.
This new infrastructure will enable transactions and fund ownership rights to be recorded directly on a blockchain, while continuing to run in parallel with BNY’s traditional systems.
The goal is to modernize fund management by bringing greater transparency, automation, and efficiency, without disrupting the existing infrastructure.
This new infrastructure will enable transactions and fund ownership rights to be recorded directly on a blockchain, while continuing to run in parallel with BNY’s traditional systems.
The goal is to modernize fund management by bringing greater transparency, automation, and efficiency, without disrupting the existing infrastructure.