BNY expands its Digital Asset Custody platform in the EU
08 October 2026 Europe
Image: Md Tanvir Hossain/stock.adobe.com
BNY has expanded its Digital Asset Custody platform for select institutions in the European Union under the Markets in Crypto-Assets (MiCA) framework
BNY says that this move makes it one of the first global systemically important banks to offer regulated digital asset custody in the region.
Launched in 2022, BNY’s Digital Asset Custody platform offers secure safekeeping and servicing of digital assets through infrastructure designed with risk management and security controls, including multiparty computation technology, segregated client wallets, and storage of private keys.
Through a well-developed custody model, BNY can provide market participants with regulated access to assets including BTC, ETH, SOL, and USDC with ambitions to support broader crypto-assets and stablecoins.
Jennifer Barker, head of Europe at BNY, says: “Digital asset adoption is accelerating across Europe — from banks and broker-dealers expanding crypto-asset and stablecoin offerings to asset managers and corporate treasurers exploring digital payments and tokenised securities to enhance liquidity, settlement, and collateral mobility.
“By expanding our platform in Europe, we are providing clients with institutional-grade infrastructure to navigate this transition with confidence.”
Emily Portney, global head of Asset Servicing at BNY, adds: “Our platform isn’t a standalone solution — we built it drawing from the deep expertise, rigorous controls, and unwavering commitment to client trust that underpins our existing asset servicing franchise.
“As we expand this capability, we are equipping more clients to integrate their existing operations with emerging digital strategies more seamlessly, efficiently, and transparently across the full asset lifecycle.”
Carolyn Weinberg, chief innovation and market transformation officer at BNY, comments: “This expansion reflects our continued investment in BNY’s capabilities to connect traditional and digital financial ecosystems and develop solutions that unlock new forms of financial activity for our clients globally.”
BNY says that this move makes it one of the first global systemically important banks to offer regulated digital asset custody in the region.
Launched in 2022, BNY’s Digital Asset Custody platform offers secure safekeeping and servicing of digital assets through infrastructure designed with risk management and security controls, including multiparty computation technology, segregated client wallets, and storage of private keys.
Through a well-developed custody model, BNY can provide market participants with regulated access to assets including BTC, ETH, SOL, and USDC with ambitions to support broader crypto-assets and stablecoins.
Jennifer Barker, head of Europe at BNY, says: “Digital asset adoption is accelerating across Europe — from banks and broker-dealers expanding crypto-asset and stablecoin offerings to asset managers and corporate treasurers exploring digital payments and tokenised securities to enhance liquidity, settlement, and collateral mobility.
“By expanding our platform in Europe, we are providing clients with institutional-grade infrastructure to navigate this transition with confidence.”
Emily Portney, global head of Asset Servicing at BNY, adds: “Our platform isn’t a standalone solution — we built it drawing from the deep expertise, rigorous controls, and unwavering commitment to client trust that underpins our existing asset servicing franchise.
“As we expand this capability, we are equipping more clients to integrate their existing operations with emerging digital strategies more seamlessly, efficiently, and transparently across the full asset lifecycle.”
Carolyn Weinberg, chief innovation and market transformation officer at BNY, comments: “This expansion reflects our continued investment in BNY’s capabilities to connect traditional and digital financial ecosystems and develop solutions that unlock new forms of financial activity for our clients globally.”
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