According to the statements made by Robin Vince, CEO of BNY Mellon, what pushed the bank into the crypto money industry was the demand of customers for this market.
As of last week, BNY Mellon, the oldest bank in the USA, bitcoin (BTC) and ether (ETH) started to provide custody services for
BNY Mellon in total as of September 30 $42.2 trillion provides custody services for assets worth $1.8 trillion manages assets.
Robin Vince, CEO of BNY Mellon, said in a meeting about the bank’s third term activities, “Customers Demands” He said they entered as a result.
Again, according to the statements made by Vince, these customers 75% of to cryptocurrencies actively investing or starting to invest is reviewing.