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New York Bank Launches Blockchain Settlement Platform, Institutional Clients Can Handle Deposits Directly on the Chain
【BitPush】NY Bank announces the launch of a new platform that allows institutional clients to complete deposit settlements on the blockchain. This platform is built on NY Bank’s independently operated permissioned blockchain infrastructure, with the entire process safeguarded by the company’s strict risk management, compliance review, and internal control framework. This means that traditional financial giants are accelerating their deployment of on-chain settlement capabilities, providing more flexible asset liquidity solutions for institutional users.