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 Melon Explores Crypto Custody

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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