RWATimes on Nostr: 📰 XRP Institutional Tokenization Gains BNY Backing 🗓️ Aug 02 2026 19:45 UTC ...

📰 XRP Institutional Tokenization Gains BNY Backing
🗓️ Aug 02 2026 19:45 UTC

BNY's Digital Transfer Agency places official fund ownership records directly on blockchain infrastructure for faster settlements. Ripple already works with BNY through RLUSD reserves and transaction banking services for institutional operations today. XRPL is absent from the ini...

➤ BNY Mellon's Digital Transfer Agency is implementing blockchain infrastructure for faster fund ownership settlements, marking a significant step beyond traditional record-keeping.
➤ This development highlights Ripple's existing institutional relationship with BNY Mellon, particularly through RLUSD reserves and transaction banking services.
➤ While XRPL is not part of the initial rollout, future integrations are anticipated, underscoring the growing adoption of blockchain in institutional finance.

#xrp #bnymellon #tokenization #blockchain #ripple #xrpl #rlusd #institutional #fundownership #settlements

🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-xrp-institutional-tokenization-gains-bny-backing-3478307701