BNY Mellon: Blockchain to Soak $120T From Capital Markets
BNY Mellon’s Michael Demissie said that more than $120 trillion from the capital markets will move to blockchain. Demissie is the Head of Digital Assets Unit and Advanced Solutions Group of BNY Mellon. Last month, BNY Mellon revealed that it will begin offering crypto custody soon. Michael Demissie of BNY Mellon made bold predictions about the blockchain industry, claiming that over $120 trillion from the capital markets will “be moved to a blockchain” in a span of 10 years. Demissie, Head of Digital Assets Unit and Advanced Solutions Group of BNY Mellon, said his declaration during the Forbes Digital Assets
