BNY Mellon (NYSE: BK) is prepared to start custody of crypto assets after receiving authorisation from New York's financial regulator DFS last fall. It is reported that, BNY Mellon would manage a crypto asset owner's private keys similarly to how it manages bonds, equities, and other kinds of assets on behalf of its clients.
BNY Mellon provides knowledgeable investment, wealth management, and investment services, whether doing so for institutions, businesses, or individual investors. Roman Regelman, CEO of securities services and digital of the company, said, “With Digital Asset Custody, we continue our journey of trust and innovation into the evolving digital assets space while embracing leading technology and collaborating with fintechs.”