BNY Mellon’s tokenized deposits go live with ICE, Citadel, Ripple and Circle participation
Jan 9, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan

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BNY Mellon has rolled out a new tokenized deposit service that lets clients send money using blockchain rails instead of old banking pipes. The setup places real bank deposits on-chain while the cash stays inside client accounts. The cash will reportedly mirror deposits clients already hold at BNY Mellon, not a separate token floating around. […]



