Editors note: Widespread adoption of DLT and tokenized assets will hit no player in today’s Wall Street back-office ecosystem harder than it will hit custodians (or what we like to call “trustodians”). With $44.3 trillion in AUCA, no custodian is bigger than BNY Mellon. So, it is no surprise that new CEO Robin Vince is putting the topic front and center with shareholders.
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