In February 2021, one of the oldest U.S. banks BNY Mellon announced the launch of its own custodial service, focused on the cryptosphere. Its partner was the company Fireblocks.
BNY Mellon’s head of securities and digital technology, Roman Regelman, told reporters earlier this week that the bank introduced a bitcoin and ether storage platform.
Thus, the first financial giant appeared in the U.S., which provides services related not only to the traditional market, but also to cryptocurrencies. BNY Mellon will hold the keys to access these funds.