BNY Mellon announces tokenized money market funds, ETFs and deposits on January 15

On January 15, BNY Mellon announced tokenized money market funds, ETFs, deposits, and stablecoin products to expand its digital asset services. The bank said the program aims to boost liquidity, streamline settlements, and enable programmable payments on a private network for institutional clients. It will leverage its infrastructure and partnerships, including firms like Galaxy Digital.