Key Takeaways BNY is launching an onchain transfer agency covering $8.6T across 7.6M investor accounts. Blackrock and Baillie Gifford could scale tokenized funds through BNY’s $59T custody network. BNY will run 2 systems in parallel as institutions test blockchain settlement and compliance. Baillie Gifford to Use BNY Platform for UK’s First Native Regulated Tokenized Fund BNY (Bank of New York) Mellon is putting one of Wall Street’s least visible but most important functions on blockchain rails. The world’s largest custodian plans to launch a digital version of its transfer agency business. The platform will process fund transactions and maintain records …


