Digital asset servicing

‘It is all moving extraordinarily quickly,’ notes one respondent, as more than half of firms point to existing investments in tokenisation and digital asset infrastructure.  

The firm’s securities services unit acted as transfer agent and fund dealing services provider, operating the wallet setup and holding the private key in a controlled intra‑group pilot of tokenised fund shares.

The AED 1 billion issuance uses Euroclear’s D-FMI distributed-ledger platform, with Standard Chartered acting as joint lead manager and joint digital structurer, marking a regional milestone for digitally native debt capital markets. 

The financial messaging provider has tested the settlement and servicing of tokenised bonds using existing custody and post-trade infrastructure alongside blockchain platforms. 

New infrastructure supports tokenised money market funds, ETFs, deposits and stablecoins across public and private blockchain networks.

The digital assets custodian, backed by Standard Chartered and Northern Trust, adds support for Macropod’s Australian dollar-backed stablecoin, giving institutional clients secure access to the token for payments and settlement use cases. 

By enabling tokenised representations of client deposit balances on its Digital Assets platform, BNY’s institutional clients will be able to move cash while retaining regulatory and reporting integrity. 

Firms to assess opportunities across trading, prime, custody and staking services. 

Some 10 institutions – including Bank of America and Societe Generale – participate in the project, broadening the liquidity and participation in the tests.