🚨 BNY Mellon set to launch a blockchain platform for $8.6 trillion in fund ownership records.
📈 The firm’s transfer agency services will move onchain, with Baillie Gifford as an early user.
💼 Baillie Gifford expects its “fully native” UK-regulated tokenized fund to use BNY’s new platform.
🕰️ BNY Mellon, with over $59 trillion under custody, aims to modernize fund operations using $BNY technology.
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