BNY launches tokenized deposit capability on its Digital Assets platform, mirroring clients’ cash balances on a private blockchain for near-real-time settlement. This follows the deployment of tokenization services for money market funds with Goldman Sachs. BNY creates on-chain digital book entries corresponding to clients’ demand deposit claims, maintaining legal deposits on conventional ledgers.

Institutions can transfer mirrored balances on-chain in near real time to meet margin calls or move collateral, cutting settlement frictions and supporting an always-on operating model. The system does not bypass bank supervision or risk controls. BNY’s Chief Product and Innovation Officer emphasizes commitment to innovating in the modern financial system.

BlackRock declares the “tokenization of all assets” era has begun, aiming to tokenize over $4.1 trillion in traditional products. Standard Chartered and Goldman Sachs also launch similar tokenized deposit products. The trend of Real World Assets (RWA) development in 2025 continues to drive explosive growth in real-world use cases, making tokenization technology trendy in 2026.

Read more at Yahoo Finance: BNY Rolls Out Tokenized Deposits for Near Real-Time Institutional Settlement