BNY Mellon
InstitutionsActive· US

BNY Mellon

Launched tokenized deposits in Jan 2026. Built a blockchain accounting tool with BlackRock as first client. Becoming plumbing for the entire tokenized fund stack, not just custody.

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Brief

World's largest custodian bank, $57.8T AUC. First G-SIB with regulated digital asset custody. Tokenized deposits live since January 2026, with ICE, Citadel, DRW, and Circle as early adopters. Smart NAV blockchain accounting tool with BlackRock as first client.

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Recent activity

Latest moves on the changelog feed.

  • Apr 6, 2026WIRED

    BNY Mellon → OpenEden. HYBOND investment management (beyond custody).

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Snapshot

Key terms and identifiers.

Asset value
$57.8T
Spec type
custodian
Charter
US G-SIB bank
Specialty
TradFi institutional
Notable clients
BUIDL, BSTBL (TA), OpenEden TBILL, JTRSY, BRSRV
Founded
1784
Asset classes
Equities, Treasuries
Regulatory
sec-reg-d, dtcc-settlement-2026, sab-121
Jurisdiction
US
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Milestones

How this player got here.

  1. Apr 2026BNY Mellon → OpenEden. HYBOND investment management (beyond custody).
  2. Jan 2026Tokenized deposits service live for institutional clients (ICE, Citadel, DRW, Circle as early adopters)
  3. Apr 2025Smart NAV blockchain accounting tool launched with BlackRock as first client
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Connections

Who they build with, build on, integrate with.