Bank of New York Mellon is a global financial services company that specializes in investment management and investment services. The firm provides a range of solutions including asset servicing, wealth management, and banking services, primarily to institutions, corporations, and high-net-worth individuals. With a strong focus on technology and innovation, it aims to deliver efficient and customized financial services that meet the diverse needs of its clients, helping them to manage their assets effectively and achieve their financial objectives. Through its extensive network and expertise, Bank of New York Mellon plays a crucial role in the capital markets, facilitating transactions and providing insights that contribute to the overall financial ecosystem. Read More
Goldman Sachs and BNY Mellon launch blockchain-powered system for tokenizing traditional financial assets in the US, aiming to improve fund utility and enable use as collateral.
BNY Mellon Corp. (NYSE: BK) reported strong Q2 2025 results, with adjusted EPS of $1.94, 28% higher than last year and above expectations. Revenue of $5.03B beat estimates, driven by fee revenue and net interest income growth.
XRP (CRYPTO: XRP) recorded impressive gains over the past week, rising by nearly 7%, with Ripple Labs’ partnership with Bank of New York Mellon (NYSE:BK) providing the latest impetus.
Ripple said the Bank of New York Mellon will not only serve as the primary custodian for its stablecoin, RLUSD, but will also provide transaction banking services to support its operations.
Asset management giant Invesco filed for a cryptocurrency exchange-traded fund focused on Solana (CRYPTO: SOL) on Wednesday, expanding its offerings beyond Bitcoin (CRYPTO: BTC).
