The holding plans to implement cryptocurrency infrastructure as digital currencies becomebecome regulated assets.
Financial holding BNY Mellon joineda merger of six banks that are planning to launch Pure Digital, a digital asset trading platform, writes the Financial Times. According to the publication, BNY Mellon will implement the infrastructure for working with cryptocurrencies as the regulatory framework emerges.
About the launch of the Pure Digital crypto platform inApril, one of the oldest US banks, State Street, reported. The platform should become a trading system with high performance and physical delivery of assets. Institutional investors working with the crypto platform will be able to use bilateral credit lines.
Last week, some of Bank of America clientsgot access to bitcoin futures trading. In May, the bank conducted a survey in which it found out that bitcoin is in demand among asset managers. The survey involved 216 top managers with total assets under management in the amount of $ 625 billion.
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