Major client demand the ‘tipping point’ for BNY Mellon’s crypto services By Cointelegraph

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Major client demand the ‘tipping point’ for BNY Mellon’s crypto services

BNY Mellon (NYSE:) CEO Robin Vince says “client demand” was the “tipping point” that ultimately led to the bank’s launch of institutional-focused crypto services last week.

BNY Mellon, America’s oldest bank, became the first large bank in the country to offer custody of institutional clients’ Ether (ETH) and (BTC) on Oct. 11.