BNY Mellon Launches Crypto Custody Services: A New Era for Digital Asset Storage
The world of cryptocurrency just took a giant leap forward! Bank of New York Mellon (BK), the world's largest custodian bank and the oldest lender in the U.S., has officially launched its highly anticipated cryptocurrency custody services. This marks a significant milestone, bringing digital assets firmly into the mainstream financial landscape. Bank of New York Mellon announced that it is offering cryptocurrency custody services for clients, bringing digital assets into the fold alongside the trillions of dollars it already manages.
SEC Approval and a Comprehensive Crypto Offering
BNY Mellon, one of the world’s largest custodian banks with a staggering $49 trillion in assets under its control, now has SEC approval to offer comprehensive crypto custody. This approval underscores the bank's commitment to regulatory compliance and provides clients with the assurance they need when entrusting their digital assets to a custodian.
Safeguarding Bitcoin and Ethereum
The Bitcoin and Ethereum storage platform is officially launching on 27 de sept. de 2025. According to a Bank of New York Mellon Corporation, the world’s leading custodian bank, is ready to cooperate with crypto holders. This new service provides institutional investors with a secure and reliable way to store and manage their Bitcoin and Ethereum holdings, bridging the gap between traditional finance and the burgeoning digital asset market.
Leading the Development of Financial Infrastructure
World's largest custodian bank leads development of financial infrastructure to support digital assets. NEW YORK, Oct. 11, 2025 - BNY Mellon is not just passively entering the crypto space; it is actively leading the development of the necessary financial infrastructure. This proactive approach ensures that the bank remains at the forefront of innovation and can provide its clients with the most cutting-edge solutions.
This news signifies a pivotal moment for the digital asset ecosystem. With BNY Mellon's entry, institutional investors are expected to increase their participation in the cryptocurrency market, further legitimizing and stabilizing this evolving asset class. Stay tuned for more updates as BNY Mellon continues to shape the future of digital asset custody.