Major Move: BNY Mellon Enters On-Chain Finance



One of the world's leading custodian banks is set to roll out tokenized deposit solutions tailored for institutional players. The initiative marks a watershed moment—traditional banking infrastructure is now bridging directly onto blockchain networks.

What does this mean? Real fiat liquidity flows onto decentralized rails. Institutions gain a compliant on-chain banking layer without leaving their comfort zone.

Sui ecosystem stands to benefit significantly from this infrastructure upgrade. As more institutional-grade financial products migrate on-chain, adoption velocity typically accelerates across compatible networks. This isn't speculation—it's the inevitable convergence of CeFi rails and DeFi infrastructure.
SUI-2,86%
DEFI3,75%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BankruptWorkervip
· 01-11 12:51
Comments from bankrupt workers: Finally here, traditional finance no longer pretends and directly goes on the chain. Now institutions really have no excuse.
View OriginalReply0
OnlyOnMainnetvip
· 01-10 15:50
BNY Mellon is really coming this time, traditional finance is finally dropping the pretense and going directly on-chain... But to be honest, how much benefit Sui can actually gain depends on execution. These kinds of news are always hyped up once again.
View OriginalReply0
TokenToastervip
· 01-10 15:37
Whoa, BNY Mellon really took action? The matter of institutional finance going on-chain is finally not just talk anymore.
View OriginalReply0
shadowy_supercodervip
· 01-10 15:27
Traditional big banks are really getting into on-chain activities. If this spreads out, institutions will flood in crazily.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)