BNY Mellon, Citadel Securities complete tokenized U.S. Treasury triparty repo trade

Bitget2026/10/13 20:14

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BNY completed a tokenized U.S. Treasury triparty repo workflow with Citadel Securities, a first for a major triparty repo platform.
Citadel Securities bought a 2-year U.S. Treasury note on Tradeweb, then recorded a tokenized representation on BNY’s private digital ledger.
The tokenized security settled within minutes, then served as collateral in an overnight triparty repo, with BNY providing cash.
BNY plans additional digital cash and tokenized deposit capabilities to support on-chain settlement and financing for institutional clients.
The bank expects to extend operating hours for Fed-eligible securities settlement and U.S. triparty transactions into European and Asian hours next year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Bank of New York Mellon Corporation published the original content used to generate this news brief on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BNY Mellon, Citadel Securities complete tokenized U.S. Treasury triparty repo trade

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