{"id":539702,"date":"2026-01-10T10:17:17","date_gmt":"2026-01-10T10:17:17","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=1275033"},"modified":"2026-01-10T10:17:17","modified_gmt":"2026-01-10T10:17:17","slug":"ripple-expands-strategic-ties-with-bny-as-tokenized-deposits-go-live","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/01\/10\/ripple-expands-strategic-ties-with-bny-as-tokenized-deposits-go-live\/","title":{"rendered":"Ripple Expands Strategic Ties With BNY as Tokenized Deposits Go Live"},"content":{"rendered":"<div class=\"eth-editorial-banner\"> <img decoding=\"async\" class=\"eth-editorial-logo\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2025\/11\/cnf2-scaled-1-1-1.png\" alt=\"Crypto News Flash\"> <span class=\"eth-editorial-text\">All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.<\/span> <\/div>\n<ul>\n<li><strong>BNY Mellon launches tokenized deposits with Ripple Prime as an early user to boost liquidity and enable faster blockchain settlements.<\/strong><\/li>\n<li><strong>Platform mirrors deposits on-chain without replacing bank records, as TradFi moves toward 24\/7 blockchain-based operations.<\/strong><\/li>\n<\/ul>\n<hr>\n<p><span>Bank of New York Mellon (BNY), the world\u2019s largest custodial bank, has launched tokenized deposit services for institutional clients. The service enables financial institutions to represent traditional deposit balances as on-chain entries using a private blockchain platform.&nbsp;<\/span><\/p>\n<p><span>This innovation is designed to accelerate transaction settlement, improve liquidity management, and enhance efficiency in collateral and margin operations.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Today, our partners at <a href=\"https:\/\/twitter.com\/BNYglobal?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@BNYglobal<\/a>&nbsp;launched tokenized deposit services for institutional clients \u2013 bringing the promise of digital assets directly into the banking system \u2013 with Ripple Prime as an early adopter.<\/p>\n<p>We&#8217;re proud to expand our longstanding, strategic collaboration with\u2026 <a href=\"https:\/\/t.co\/K07aSJn8g1\">https:\/\/t.co\/K07aSJn8g1<\/a><\/p>\n<p>\u2014 Ripple (@Ripple) <a href=\"https:\/\/twitter.com\/Ripple\/status\/2009698186718240851?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 9, 2026<\/a><\/p>\n<\/blockquote>\n<p><span>Ripple Prime, the prime brokerage arm of Ripple, is among the first to adopt the new service. Ripple acquired the division in a $1.25 billion deal last year, positioning itself more deeply in institutional digital asset markets, as we <\/span><a href=\"https:\/\/www.crypto-news-flash.com\/ripple-just-became-a-global-prime-broker-and-xrp-is-at-the-core-of-it-all\/\"><span>reported<\/span><\/a><span>. BNY\u2019s announcement marks a further step in merging blockchain rails with conventional banking infrastructure.<\/span><\/p>\n<p><span>Carolyn Weinberg, BNY\u2019s Chief Product and Innovation Officer, <\/span><a href=\"https:\/\/t.co\/KaUB0WR73X\" target=\"_blank\" rel=\"nofollow noopener\"><span>stated<\/span><\/a><span>:<\/span><\/p>\n<blockquote>\n<p><span>\u201cTokenized deposits provide us with the opportunity to extend our trusted bank deposits onto digital rails \u2014 enabling clients to operate with greater speed across collateral, margin, and payments, within a framework built for scale, resilience, and regulatory alignment.\u201d<\/span><\/p>\n<\/blockquote>\n<h2><b>BNY\u2019s Platform Features and Industry Participation<\/b><\/h2>\n<p><span>BNY\u2019s platform mirrors client deposits on a permissioned blockchain. This does not replace traditional bank records but complements them to improve internal workflows. All tokenized entries are governed by BNY\u2019s compliance, control, and risk management frameworks. By maintaining the existing legal structure of bank deposits, the platform avoids introducing regulatory uncertainty often associated with cryptocurrencies or stablecoins.<\/span><\/p>\n<p><span>Other early participants in the platform include Citadel Securities, DRW Holdings, Intercontinental Exchange (ICE), Circle, and asset manager Baillie Gifford. These firms are expected to use the service to improve payment efficiency and gain access to programmable, round-the-clock liquidity management. <\/span><span>As CNF <\/span><a href=\"https:\/\/www.crypto-news-flash.com\/ripples-500m-rlusd-finds-safe-harbor-in-bny-mellon-gateway-to-institutional-adoption\/\" target=\"_blank\" rel=\"nofollow noopener\"><span>outlined<\/span><\/a><span>, Ripple and BNY had previously collaborated to offer custodial services for RLUSD, Ripple\u2019s USD-backed stablecoin. As per the report, BNY is the primary reserve custodian for RLUSD.<\/span><\/p>\n<h3><b>Institutional Push Toward On-Chain Settlement<\/b><\/h3>\n<p><span>The move is part of a broader push by financial institutions to use blockchain for around-the-clock settlement and liquidity optimization. Tokenized deposits are being <a href=\"https:\/\/x.com\/Paxos\/status\/2009666611045949659?s=20\" target=\"_blank\" rel=\"nofollow noopener\">recognized <\/a>as a viable solution for embedding bank-grade assets onto digital infrastructure.&nbsp;<\/span><\/p>\n<p><span>According<\/span><span> to Paxos:<\/span><\/p>\n<blockquote>\n<p><span>Tokenized deposits are a clear signal that trusted banking infrastructure is moving on-chain.<\/span><\/p>\n<\/blockquote>\n<p><span>BNY\u2019s latest rollout follows its pilot of the platform in October 2025. The bank has also partnered with Goldman Sachs to tokenize shares of money market funds, as previously <\/span><a href=\"https:\/\/www.crypto-news-flash.com\/goldman-sachs-and-bny-mellon-join-forces\/\" target=\"_blank\" rel=\"nofollow noopener\"><span>detailed<\/span><\/a><span> by CNF. <\/span><span>JPMorgan and HSBC are also progressing in this direction. JPMorgan\u2019s JPM Coin is being expanded for institutional use, while HSBC plans to launch tokenized deposit services for clients in the U.S. and UAE.<\/span><\/p>\n<p> <a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. BNY Mellon launches tokenized deposits with Ripple Prime as an early user to boost liquidity and enable faster blockchain settlements. Platform mirrors deposits on-chain without replacing bank records, as TradFi moves toward 24\/7 blockchain-based operations. Bank of New York Mellon [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":539703,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,11],"tags":[23859,21522,25,101,102],"class_list":{"0":"post-539702","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"category-ripple","9":"tag-bank-of-new-york-york-mellon","10":"tag-bny","11":"tag-news","12":"tag-ripple","13":"tag-xrp"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/539702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=539702"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/539702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/539703"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=539702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=539702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=539702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}