BNY launches global digital transfer agency capabilities

BNY has expanded its digital assets platform to include global digital transfer agency capabilities, enhancing its ability to support institutional clients in managing digital assets. This development aligns with the growing integration of digital assets into traditional financial markets and reflects BNY’s commitment to providing comprehensive infrastructure for both asset classes.

The new transfer agency services are part of BNY’s broader Digital Assets platform, which offers custody, collateral management, and liquidity solutions for digital assets. These capabilities are designed to provide institutional clients with a secure, interoperable, and efficient way to manage digital assets alongside traditional investments. The platform supports real-time data and money movement, enabling clients to execute transactions efficiently.

In addition, BNY has expanded its relationship with Circle to include stablecoin enablement services, allowing clients to store, transfer, mint, and burn Circle’s USDC stablecoin. This integration supports the full lifecycle of institutional stablecoin activity and strengthens fiat and digital custody.

As digital assets continue to evolve, BNY’s platform aims to provide the operational scale, trust, and resiliency required for institutional markets, positioning the firm as a key player in the transition to a more integrated financial ecosystem.