An Interesting Speculative Play in Finance at BNY Mellon - Market Mad House
Beyond the potential repatriations windfall, there is something else really fascinating about Bank of New York Mellon (BNY) – it is a potential cryptocurrency play. Mellon has been actively researching and experimenting with blockchain and altcoins; while finance industry leaders have been badmouthing them. BNY Mellon is listed as one of the participants in the Ethereum Enterprise Alliance (EEA). To add icing to the cake, BNY Mellon is also participating in the Linux Foundation’s Hyperledger Project.
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