BNY MELLON ETF TRUST II SAYS IT WILL CONSOLIDATE SEVERAL OF ITS U.S. INVESTMENT FIRMS EFFECTIVE JANUARY 1, 2027, WITH THE SURVIVING CONSOLIDATED FIRM TO BE NAMED BNY INVESTMENTS CORPORATION - SEC FILING

BNY, which oversees $63.4 trillion in assets, will speak alongside Intercontinental Exchange, Robinhood and Tradeweb at Ripple's Swell, which opens Tuesday in New York. Ripple expects 1,500+ attendees and 100+ speakers over three days at The Shed. @XRP @Ripple

BNY put Eliza in employees' hands and asked the organization to build from there. The result: 100% of employees upskilled, nearly two-thirds using Eliza daily, 4,000 project ideas in 24 months, and more than 300 use cases now in production. Learn why BNY treated workforce skilling as part of business change:

BNY brings an $8.6 trillion fund servicing business onto the blockchain, Russia charges Telegram founder Pavel Durov with aiding terrorism, and Citadel bets the Fed could surprise markets with a rate hike. @jennsanasie has what you need to know.

NEW: @BNYglobal now supports @XRP and $RLUSD on its Digital Asset Custody platform, and plans to let clients mint and redeem RLUSD directly through the bank. The two are also exploring tokenized trade finance on the XRP Ledger with @C2FO. This comes right after @Ripple got final OCC approval for its national trust bank. This would let BNY clients hold and move RLUSD within the same bank that safeguards their other assets, and use it beyond custody as collateral and settlement. Jack McDonald (@_JackMcDonald_), SVP of Stablecoins at Ripple, explained to us last year how RLUSD moving onchain 24/7 makes it useful as collateral, the kind of use BNY and Ripple are now building toward: "We’re doing some very exciting things with RLUSD, increasingly working with regulators to have that treated as good capital or good collateral ... being able to take advantage of the attributes of it being onchain and how quickly it can move 24/7. That’s been a big unlock for a lot of the [Ripple Prime] customers."

At @BNYglobal, digital employees are helping teams move faster through complex financial workflows. Built with Microsoft Azure, Microsoft Foundry, Microsoft 365 Copilot, GitHub Copilot, and Microsoft Graph, Eliza supports more than 300 solutions across the business. Client inquiries are resolved 80% faster, customer onboarding is 20% quicker, and one digital employee now handles 10% of payment repair issues globally. See how BNY is changing work in financial services: