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BNY Mellon plans to launch digital asset custody platform later this year -Breaking

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BNY Mellon, a leading investment bank is currently developing a digital assets custody platform which will enable institutional customers to have crypto exposure.

According to a Report from City A.M., customers will be able to store the world’s most popular cryptocurrencies, (BTCEther (ETHBNY Mellon’s crypto wallets that will use Fireblocks technology. Once regulatory approval is granted, however, the service will slowly increase in scope and include a range of digital and tokenized assets.