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BNY targets $8.6 trillion transfer agency market on blockchain rails

Source: CoinDesk
BNY targets $8.6 trillion transfer agency market on blockchain rails

The world’s largest custodian will keep its existing system while adding a digital ownership record for tokenized funds.

CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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