2026-01-09 16:29:19

The Bank of New York Mellon officially launched its tokenized deposit product, allowing clients to transfer funds directly over blockchain networks, fundamentally changing the settlement efficiency of traditional banking. What are the practical uses of this service? It is mainly used in collateral management and margin trading scenarios, supporting 24/7 continuous operation, significantly speeding up payment processes. Not only banks are involved in this project; leading institutions like Intercontinental Exchange and Citadel Securities have also joined, indicating that the traditional financial sector's emphasis on blockchain infrastructure has reached a new height. This marks the beginning of a substantive phase in the integration of digital assets and traditional finance.

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WalletInspector

· 01-09 16:56

BNY Mellon’s move is really different this time, with 24-hour settlement. Traditional finance is now forced to get involved. This is true integration, not just lip service. Wait, Citadel is also entering the game? Then this might be bigger than we thought. Honestly, the management of collateral should have been transformed by blockchain a long time ago; the current efficiency is way too low. Traditional financial giants are starting to seriously play with blockchain, it feels like the landscape is changing. Led by BNY Mellon, other major banks won’t be far behind.

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WenAirdrop

· 01-09 16:55

Wow, traditional finance is really starting to get involved, not just talking about it.

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MysteryBoxOpener

· 01-09 16:49

Bank of Mellon’s move is quite aggressive. 24-hour nonstop operation really hits the pain point of traditional finance. The amount of margin trading money is just too much.

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PhantomMiner

· 01-09 16:41

Melon’s move is good, but the real selling point is still 24-hour settlement. The traditional banking processes should have been phased out long ago.

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MemeTokenGenius

· 01-09 16:36

Melon is playing quite aggressively this time. Traditional finance has finally stopped pretending and gone directly on-chain. Instant margin settlement really works, and 24-hour transfers are incredibly satisfying for traders.

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