BNY
New York, United States · active since 11 Oct 2022 · United States
Custodian and fund administrator to the largest tokenized funds, providing the off-chain leg that makes the structure acceptable to institutional allocators.
- Products issued
- -
- Servicing mandates
- 5
- Tokenized AUM serviced
- $68.53B
- Networks
- 9
- Counterparties
- 4
- Activity score
- 72
Traditional scale for context: $52.10T in assets under management or custody. This is not counted in any tokenized market-size figure.
No products issued
This institution appears in the graph as a service provider rather than an issuer.
Products serviced
Products from other issuers that rely on this firm.
Activity timeline
Everything we have tracked involving this firm, newest first.
- Market StructurePartnership30 Jul 2026 · 1mo agoGoldman Sachs and BNY extend mirrored ownership records to third-party money funds
A competing architecture: permissioned mirrored records rather than public-chain issuance. If it reaches scale it fragments the category into two incompatible rails, and the public-chain products lose their claim to being the only path to on-chain collateral mobility.
- InfrastructurePartnership28 Apr 2026 · 4mo agoBNY expands tokenized fund servicing to a second sponsor
Reinforces the two-custodian structure of the category. For an allocator running several tokenized funds, apparent issuer diversification may resolve to a single custodian and a single administrator on look-through.
- ProductProduct Launch19 Nov 2025 · 9mo agoFranklin Templeton launches Luxembourg on-chain money fund
First evidence of the multi-wrapper strategy that now defines this issuer. It also established that a European vehicle can reuse the sponsor's existing tokenization stack without a local platform partner.
- ProductProduct Launch20 Mar 2024 · 2.4y agoBlackRock launches tokenized institutional liquidity fund
The structural template for the category: offshore professional fund, registered transfer agent on-chain, bank custodian off-chain. Every large US product launched since has copied at least two of the three legs.
Counterparty map
Firms this one shares products or providers with.