An Interesting Speculative Play in Finance at BNY Mellon

Beyond the potential repatriations windfall, there is something else really fascinating about Bank of New York Mellon (BNY) – it is a potential cryptocurrency play. Mellon has been actively researching and experimenting with blockchain and altcoins; while finance industry leaders have been badmouthing them.
BNY Mellon is listed as one of the participants in the Ethereum Enterprise Alliance (EEA).
To add icing to the cake, BNY Mellon is also participating in the Linux Foundation’s Hyperledger Project.

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Is Bank of New York Mellon the best Value in FinTech?

Bank of New York Mellon is not just a bank with offices in Manhattan it is a FinTech play. BNY Mellon is one of four major banks developing the Utility Settlement Coin or USC, with the technology companies Icap and Clearmatics, Crowdfund Insider reported.

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