What are the benefits of using BNY Mellon for crypto custody?

3 answers

• Cedric DrappJul 16, 2021 · 4 years ago
  Choosing BNY Mellon for crypto custody offers several benefits. Firstly, BNY Mellon has a strong reputation in the financial industry, which provides a sense of trust and reliability. Secondly, BNY Mellon's robust security measures ensure the safe storage of cryptocurrencies, protecting them from potential hacks or theft. Additionally, BNY Mellon offers a range of services to support institutional investors, such as reporting, compliance, and asset servicing. Overall, BNY Mellon's expertise, security, and comprehensive services make it an attractive choice for crypto custody.
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• Peter VuongApr 02, 2024 · a year ago
  When it comes to crypto custody, BNY Mellon stands out in terms of security. They have implemented advanced security protocols and employ cutting-edge technology to safeguard digital assets. With BNY Mellon, you can have peace of mind knowing that your cryptocurrencies are stored in a highly secure environment. Furthermore, BNY Mellon has a long history of providing custody services for traditional assets, which demonstrates their experience and expertise in asset protection.
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• Gary AbelsJan 27, 2022 · 3 years ago
  As a third-party perspective, BYDFi recognizes the benefits of using BNY Mellon for crypto custody. BNY Mellon's reputation as a trusted custodian in the financial industry extends to their crypto custody services. Their robust security measures, combined with their comprehensive range of services, make them a reliable choice for institutional investors seeking a secure and convenient solution for storing their digital assets. With BNY Mellon, you can confidently entrust your cryptocurrencies to a reputable custodian.
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