America’s Oldest Bank, BNY Mellon, Will Hold That Crypto Now

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America’s Oldest Bank, BNY Mellon, Will Hold That Crypto Now
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Bank of New York Mellon is becoming the first large U.S. bank to safeguard digital assets alongside traditional investments on the same platform

Founded by Alexander Hamilton, BNY Mellon is the first large U.S. bank to safeguard digital assets alongside traditional investments

WSJ’s Dion Rabouin explains why many investors are still betting on crypto, even with the very real threat of losing all their money. Illustration: Rami AbukalamThe nation’s oldest bank said it would begin receiving clients’ cryptocurrencies on Tuesday, becoming the first large U.S. bank to safeguard digital assets alongside traditional investments on the same platform.

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