Tag: bny mellon

Jul 21 2021

BNY Mellon Backs Pure Digital to Offer Crypto Trading Solutions to Institutional Clients

Jul 21 2021 Published at Coingape under tags  bitcoin news bny mellon btcbrl btcbusd btcdai

Amid growing demand from institutional clients for digital assets, Wall Street giant BNY Mellon is backing London-based crypto trading platform Pure Digital to provide trading and custodial solutions. One of the U.S's largest baking custodians State Street was the first to announce its support to the trading platform. BNY Mellon will be joining the consortium The post BNY Mellon Backs Pure Digital to...

Jul 13 2021

BNY Mellon Partners With Grayscale Investments Service GBTC and Its Bitcoin ETF

Jul 13 2021 Published at Bitcoinist.com under tags  bny mellon gbtc grayscale news

Although the influx of institutional investors into Bitcoin has slowed, Grayscale Bitcoin Trust remains one of the most notable institutional investor. GBTC has received a new push from one of the world's most powerful banks, which intends to strengthen the former's ETF goals. Grayscale Investment Partners With BNY Mellon Grayscale Investments, a digital asset management,...

Grayscale Bitcoin Trust Adds BNY Mellon As Service Provider, Eyeing ETF Approval

Jul 13 2021 Published at Bitcoin Magazine under tags  bny mellon business etf gbtc grayscale

Grayscale has selected BNY Mellon as the asset servicing provider for its bitcoin trust, which it wants to convert into an ETF soon.Asset manager Grayscale announced today that it has selected BNY Mellon as the asset...

Breaking: Grayscale Selects BNY Mellon as ETF Service Provider for Upcoming Bitcoin ETF

Jul 13 2021 Published at Coingape under tags  bitcoin news bny mellon btcbrl btcbusd btcdai

Grayscale, the world's largest digital asset manager today announced BNY Mellon, the oldest custody bank as its ETF service partner when it would convert its popular institutional Bitcoin product GBTC into a Bitcoin ETF. BNY Mellon would act as the asset servicing provider that would offer fund accounting and administration for GBTC until it gets The post Breaking: Grayscale Selects BNY Mellon as...

Apr 30 2021

BNY Mellon: Choosing Gold Over Bitcoin-backed Stocks Led to Fund Underperformance

In its latest filing with the U.S. SEC, banking giant BNY Mellon has conceded that choosing stocks of gold mining companies against the companies invested in Bitcoin (BTC) has led to underperformance in its...

Mar 29 2021

BNY Mellon Releases Report On Future Bitcoin Valuations

Mar 29 2021 Published at Bitcoin Magazine under tags  bny mellon markets stock to flow

The country’s oldest banking institution has taken a deep dive into the future of bitcoin’s value through a new report.BNY Mellon, the nation's oldest banking institution, founded in 1784, released a March 2021 report today covering various valuations frameworks for bitcoin. This came on...

Mar 19 2021

3 Publicly Traded Crypto Exchanges?

PLUS: More takes on “WTF is an NFT?” There is something fitting about Bitcoin crossing $60k for the first time on March 13, 2021, a year and one day after crypto’s “Black Thursday,” when Bitcoin’s price plunged 50% over two days in response to the coronavirus. While devastating at the time, you can now barely see it on the BTC price chart:...

Mar 18 2021

BNY Mellon Joins $133M Investment in Crypto Startup Fireblocks

Mar 18 2021 Published at Crypto Briefing under tags  bny mellon business fireblocks funding

The new funding brings Fireblocks's valuation just shy of $1 billion as Fireblocks. America's Oldest Bank Taps Fireblocks BNY Mellon's latest crypto investment is likely linked to its new plan to offer...

Feb 13 2021

Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage

Feb 13 2021 Published at CoinDesk under tags  bafin bny mellon business deutsche bank wef

The bank’s game plan was hidden in plain sight in a widely overlooked report by the World Economic Forum.

Feb 11 2021

Gradually, Then Suddenly: Mastercard, BNY Mellon, Amazon, Twitter Poised to Join the Bitcoin Party

In the wake of Tesla’s big announcement on Monday, a wave of corporate engagement with crypto emerges.

$41 Trillion Global Custodian BNY Mellon Announces Bitcoin Strategy

Feb 11 2021 Published at Bitcoin Magazine under tags  bny mellon investing

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 Hits New All-Time High as BNY Mellon Announces Crypto Custody

Feb 11 2021 Published at CoinDesk under tags  bitcoin ath bny mellon markets news

"Bitcoin is loving the BNY Mellon news. It's a very big deal," trader and analyst Alex Kruger tweeted.

BNY Mellon Offers Bitcoin Custody, Says Crypto Is “Mainstream”

Feb 11 2021 Published at Crypto Briefing under tags  adoption bank banking bitcoin bny mellon

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...

BNY Mellon Announces Crypto Custody and Spies Integrated Services

Feb 11 2021 Published at CoinDesk under tags  bny mellon business citi custody goldman sachs

The world’s biggest custodian bank beats rivals JPMorgan and Citi to the punch.

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