BNY Launches 24/7 Tokenized Treasury Settlement Pilot on Private Blockchain
BNY is launching a pilot for 24/7 settlement of tokenized US Treasuries, routing the transactions through a private blockchain platform.
The settlement architecture reflects the increasing influence of digital-asset markets on traditional finance infrastructure, with the bank targeting pilot trades for completion before the end of 2026.
From the sources (3 posts)
@cointelegraph🔥 HUGE: BNY is laying the groundwork for 24/7 Treasury settlement, planning tokenized Treasuries and pilot trades on its private blockchain by the end of 2026.
@blckchaindaily🚨 BNY MELLON PLANS TOKENIZED TREASURIES AND 24/7 SETTLEMENT PILOT ON PRIVATE BLOCKCHAIN BY END OF 2026
@businessBNY is laying the groundwork to offer around-the-clock settlement for US Treasuries, reflecting how the growth of digital-asset markets is beginning to influence the infrastructure underpinning traditional finance