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Gate Square New & Returning Creator Rewards are ongoing!
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Major Move: BNY Mellon Enters On-Chain Finance
One of the world's leading custodian banks is set to roll out tokenized deposit solutions tailored for institutional players. The initiative marks a watershed moment—traditional banking infrastructure is now bridging directly onto blockchain networks.
What does this mean? Real fiat liquidity flows onto decentralized rails. Institutions gain a compliant on-chain banking layer without leaving their comfort zone.
Sui ecosystem stands to benefit significantly from this infrastructure upgrade. As more institutional-grade financial products migrate on-chain, adoption velocity typically accelerates across compatible networks. This isn't speculation—it's the inevitable convergence of CeFi rails and DeFi infrastructure.