
Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage
The bank’s game plan was hidden in plain sight in a widely overlooked report by the World Economic Forum.
The bank’s game plan was hidden in plain sight in a widely overlooked report by the World Economic Forum.
In the wake of Tesla’s big announcement on Monday, a wave of corporate engagement with crypto emerges.
Today, global banking and custodian heavyweight BNY Mellon announced that it is entering the Bitcoin arena with the creation of a “Digital Assets Unit.” The New York-based bank is a custodian of more than $41 trillion in assets and has $2 trillion in assets under management...
"Bitcoin is loving the BNY Mellon news. It's a very big deal," trader and analyst Alex Kruger tweeted.
The oldest bank in the US, BNY Mellon, will offer Bitcoin custody to its clients after stating that digital assets are seeing widespread adoption. BNY Mellon Adopts Bitcoin BNY Mellon works with Bakkt, the crypto futures platform owned by the NYSE operator, to secure crypto assets. On Thursday, the bank...
The world’s biggest custodian bank beats rivals JPMorgan and Citi to the punch.