Woofun AI reports that BNY Mellon intends to commence pilot transactions for tokenized US Treasuries on its private blockchain before the current year concludes. The institution plans to expand tokenized Treasury offerings by the end of 2026, with the objective of enabling 7x24 settlement for both traditional and tokenized instruments by 2027. Earlier this year, the bank facilitated after-hours US Treasury trades involving stablecoin issuers Ripple and OpenEden.