The use of stablecoins is attracting growing attention as a means of advancing payments through blockchain.
The remaining regulatory processes to complete the offer are expected around year end.
Fixed income is the largest asset class in global finance.
The launch marks a global first for the bank & the first offering of its kind by an international bank in UAE.
The acquisition brings Payward an EU banking license.
This marked the first use of tokenized assets on a major triparty repo platform.
Financial institutions are increasingly using AI in specialized workflows.
This is the investor's first allocation to a tokenised financial asset.
BNY is one of the first GSIBs to offer regulated digital asset custody in the region.
