BNY Pushes Toward 24/7 Treasury Settlement as Tokenization Grows
Bank of New York Mellon is developing infrastructure to support 24/7 settlement for US Treasuries by 2027. The initiative includes plans for tokenized assets and pilot trades on a private blockchain to modernize traditional financial markets.
Why it matters
This shift signals a significant integration of blockchain technology and digital assets into the core infrastructure of global traditional finance.
Bank of New York Mellon Corp. is laying the groundwork to offer around-the-clock settlement for US Treasuries , reflecting how the growth of digital-asset markets is beginning to influence the infrastructure underpinning traditional finance.
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