The bank will begin testing tokenized Treasuries on a private blockchain by year-end and expand its settlement network to cover more international trading hours.
- BNY plans to enable 24/7 settlement for conventional and tokenized U.S. Treasuries by 2027, following a successful after-hours test with stablecoin issuers.
- The bank will begin testing tokenized Treasuries on a private blockchain by year-end and expand its settlement network to cover more international trading hours.
- The test used stablecoin reserves from Ripple (RLUSD) and OpenEden (USDO), demonstrating that Treasury activity can continue after U.S. market hours close.
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Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters :
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Sam Altman-backed World Network secures $52.5 million in fresh funding to fight online AI deepfakes
Institutional crypto trading platform LMAX is exploring sale, IPO
Crypto market maker B2C2 held sale talks with multiple potential buyers
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