New York’s Mellon Corp now offers NAV crypto offerings directly on a blockchain

New York’s Mellon Corp (BNY Mellon), the oldest bank in the US, is looking into offering digital asset services through its latest blockchain-based financial tool. On Thursday, the banking giant announced a new product that allows fund managers to post real-time Net Asset Value (NAV) directly onto a blockchain, negating the need for third-party accounting […] source: https://www.cryptopolitan.com/mellon-corp-nav-crypto-offerings-blockchain/