Bullish
BNY Mellon Plans 24/7 Tokenized Treasury Settlement Service Launch by 2027
2026-07-27 03:35:07
Asset manager BNY Mellon targets a 2027 rollout for continuous tokenized US Treasury settlements, initiating a private blockchain pilot late this year.
Woofun AI reports that BNY Mellon, overseeing $62.6 trillion in assets, intends to introduce a 24/7 tokenized U.S. Treasury settlement service by 2027. The institution will commence a private blockchain pilot program by the end of the current year.
WOOFUN AI
Impact Assessment · Quick Read
The move signals major institutional adoption of blockchain for traditional finance infrastructure. A 24/7 settlement capability could significantly reduce counterparty risk and improve capital efficiency for Treasury markets. Success may accelerate broader RWA tokenization efforts among global custodians.
Generated by WOOFUN AI · For reference only, not investment advice
Comments
No comments yet.