BNY, a financial services company, launched tokenized bank deposits for institutional clients on its permissioned blockchain network. The deposits will support collateral and margin requirements, with plans for additional functionality. This move reflects a growing trend in traditional finance to adopt blockchain technology to meet the demands of the digital age.

The US SEC and CFTC proposed a shift to 24/7 capital markets in September 2025. The legacy financial system operates within limited hours, while blockchain technology enables round-the-clock trading, reducing settlement times and transaction costs. Real-world asset tokenization plays a key role in enabling 24/7 capital markets, especially for illiquid assets like real estate and collectibles.

Read more at CoinTelegraph: BNY Launches Tokenized Bank Deposits for Institutional Clients