World's largest custodial bank BNY to offer tokenized deposits for institutional investors
The initiative mirrors deposit balances on a private blockchain to speed up settlement and unlock liquidity.
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TORONTO, ON / ACCESS Newswire / June 22, 2026 /Adcore Inc. (TSX:ADCO)(OTCQX:ADCOF)(FSE:ADQ) ("Adcore" or the "Company"), a global leader in AI marketing te...
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The initiative mirrors deposit balances on a private blockchain to speed up settlement and unlock liquidity.
The service is available for institutional clients through an in-house permissioned blockchain, BNY said on Friday.
The initiative leverages the Plume Network to tokenize credit card receivables, while giving merchants immediate access to cash.
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