BNY Pushes Toward 24/7 Treasury Settlement as Tokenization Grows
Bank of New York Mellon Corp. is laying the groundwork to offer around-the-clock settlement for US Treasuries, reflecting how the growth of digital-asset markets is beginning to influence the infrastructure...
By Isabelle Lee · Bloomberg Markets
Bank of New York Mellon Corp. is laying the groundwork to offer around-the-clock settlement for US Treasuries, reflecting how the growth of digital-asset markets is beginning to influence the infrastructure underpinning traditional finance.