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Cryptoknowmics 2023-02-09 08:06:08

BNY Mellon Thinks Digital Assets Aren’t Going Anywhere, Anytime Soon

The head of digital assets at BNY Mellon, Michael Demissie, doesn’t think that the cryptocurrency market fall in 2022 would have much impact on institutional interest in digital assets. At a conference run by Afore Consulting on Feb. 8, Demissie said the digital asset industry is “here to stay” as institutional investors have held a strong interest in crypto. BNY Mellon Digital Assets Head Has Full Faith In Their Potential Demissie backed up his thoughts by referencing a survey conducted by BNY Mellon in October 2022, which found that 91% of custodian bank clients are interested in investing in blockchain-based tokenized products. The survey The post BNY Mellon Thinks Digital Assets Aren’t Going Anywhere, Anytime Soon appeared first on Cryptoknowmics-Crypto News and Media Platform .

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