BNY Pushes Toward 24/7 Treasury Settlement as Tokenization Grows
Bank of New York Mellon is developing infrastructure to enable 24/7 settlement for US Treasuries, marking a significant shift in how traditional financial markets operate. This initiative reflects the growing influence of digital-asset markets and tokenization on legacy financial infrastructure, pushing traditional institutions to modernize their settlement processes.
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BNY Pushes Toward 24/7 Treasury Settlement as Tokenization Grows
Bank of New York Mellon is developing infrastructure to enable 24/7 settlement for US Treasuries, marking a significant shift in how traditional financial markets operate. This initiative reflects the growing influence of digital-asset markets and tokenization on legacy financial infrastructure, pushing traditional institutions to modernize their settlement processes.
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