Bullish
BNY Mellon Tokenized Treasury Pilot Launches 2026, Targeting 24/7 Settlement by 2027
2026-07-23 09:23:54
BNY Mellon initiates tokenized Treasury bond pilot in 2026 on private blockchain, aiming for 24/7 settlement capability across traditional and digital assets by 2027.
Woofun AI reports that Bank of New York Mellon is preparing to introduce round-the-clock settlement for Treasury bonds to mitigate the impact of the expanding digital asset market on traditional financial infrastructure. The bank facilitated after-hours Treasury transactions involving stablecoin issuers earlier this year and plans to launch tokenized Treasury bonds by the end of 2026 via pilot transactions on its private blockchain, with the objective of achieving 24/7 settlement for both traditional and tokenized instruments by 2027.
WOOFUN AI
Impact Assessment · Quick Read
This initiative signals a significant step toward integrating traditional fixed income with blockchain efficiency, potentially reducing settlement friction and counterparty risk. By targeting 24/7 settlement, BNY Mellon addresses a key limitation of current legacy systems, which may attract institutional capital seeking enhanced liquidity and operational continuity. The move could accelerate broader adoption of tokenized real-world assets as major custodians validate the technology.
Generated by WOOFUN AI · For reference only, not investment advice
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