Furthermore, BK Mellon had a 5.42% revenue growth rate on 30 September 2019, a 6.53% revenue growth rate on 6.53% on 30 June 3019, a 7.28% revenue growth rate on 31 March 2019, and 21.73% on 31 December 2018. Thus, Bank of New York Mellon’s revenue grew for every quarter in 2019.Read more
For example, BNY Mellon is exploring Crypto Custody for the banking of blockchain assets.
To explain, a Crypto Custody service safeguards crypto assets like altcoins, stablecoins, decentralized applications (DApps), smart assets, utility tokens, smart contracts, crypo securities, and blockhain equities. The hope is that wealthy people will want to keep their crypto safe and insured by putting it in a bank.