New York-based banking giant BNY Mellon is jumping into the bitcoin and cryptocurrency game.
The bank, which boasts around $2 trillion in assets under management, has announced plans to hold bitcoin and other cryptocurrencies on behalf of its clients.
The move comes amid the BNY chief heading up its digital assets unit, Mike Demissie, called an "uptick in institutional interest" in the emerging bitcoin and crypto asset class
"There's an overall sentiment shift concerning digital assets," says Demissie, speaking over email ahead of the announcement, adding: "Digital assets are the future."












