BNY Expands Digital Asset Custody in Europe Under MiCA Framework

BNY has officially expanded its digital asset custody services to select institutional clients within the European Union, operating under the comprehensive Markets in Crypto-Assets (MiCA) regulatory framework. This milestone follows the registration of BNY’s European banking entity, The Bank of New York Mellon SA/NV, with the European Securities and Markets Authority in July 2026. By providing institutional-grade custody, administration, and transfer services, the bank aims to bridge the gap between traditional financial operations and the growing digital asset ecosystem. The platform supports a range of assets including BTC, ETH, SOL, and USDC, while specifically catering to the needs of banks, broker-dealers, and asset managers. BNY utilizes advanced security measures such as multiparty computation technology and segregated client wallets to ensure the resilience expected by institutional investors. This expansion is significant for the RWA market as it provides the necessary infrastructure for corporate treasurers and asset managers to safely explore tokenized securities and digital payments. By establishing a regulated pathway for digital asset management in Europe, BNY is positioning itself as a key facilitator for the institutional adoption of tokenized financial products.