Digital asset custody of ETH
BNY Mellon's Digital Asset Custody platform went live in the United States on 11 October 2022, letting selected clients hold and transfer bitcoin and ETH, with technology from Fireblocks and Chainalysis. BNY is one of the two ETH custodians, with Coinbase Custody, of the Morgan Stanley Ethereum Trust (MSSE), which began trading on NYSE Arca on 28 July 2026 and stakes part of its ETH. This is custody of ETH itself, not tokenization.
In the record
48
Months since it was first seen
31
Institutions of its kind in the record
Other bank deployments
- BW-Bank (LBBW)Spot ETH trading for retail clientsSeptember 2026
- Standard CharteredDeliverable ETH spot trading for institutional clients in the UAE (Standard Chartered DIFC)September 2026
- Banque Delubac & CieETH staking for bank clientsJuly 2026
- Morgan StanleySpot ETH trading for retail clients on E*TRADEJuly 2026