World’s Largest Global Custodian Launches Its Crypto Custody Platform in the U.S.

On Tuesday (October 11), BNY Mellon announced that its Digital Asset Custody platform had gone live in the U.S. with “select clients” now able to hold and transfer Bitcoin ($BTC) and Ethereum ($ETH).

At the end of Q2 2022, BNY Mellon had “$43.0 trillion in assets under custody and/or administration, and $1.9 trillion in assets under ma