Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Bank of New York Mellon is generating a lot of Cash

Cryptocurrency

Surprise BK Mellon is a Growth Stock

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.

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Long Ideas

The Value at Bank of New York Mellon

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.

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