BNY Mellon Reported to Offer XRP Custody Through a Single Rollout Model

Bank of New York Mellon, one of the world's largest custodian banks, has reportedly added XRP to its digital asset custody offerings. The development was reported by CryptoSlate, which described the rollout as limited to a single structural model rather than a range of configurations. Custody banks like BNY Mellon play a central role in traditional finance by safeguarding assets on behalf of institutional clients, including pension funds, asset managers and corporations. Over the past several years, BNY Mellon has gradually extended that role into digital assets, building infrastructure to hold cryptocurrencies alongside conventional securities.