BNY & BlackRock

BNY: BNY is a partner in OUSD; as a custodian bank, it may see opportunities in reserve custody and stablecoin-related services.

BlackRock: BlackRock is a partner in OUSD; its involvement could signal institutional interest in stablecoins and potentially influence asset management strategies.

BNY: BNY is the primary entity, expanding its digital asset custody platform with staking capabilities through the partnership. This move strengthens its competitive position and aligns with its broader blockchain strategy, likely enhancing its reputation and attracting institutional clients.

BlackRock: BlackRock is expected to adopt BNY's blockchain-based transfer agency infrastructure, but is not directly involved in the staking partnership. The event may reinforce BNY's digital asset capabilities, which could benefit BlackRock's tokenized fund initiatives.

BNY: BNY is a client of Securitas AB, utilizing its tokenization platform.

BlackRock: BlackRock is a client of Securitas AB, utilizing its tokenization services for products like the BUIDL digital money market fund, and also holds an equity position in Securitas AB.

BNY: BNY expanded its partnership with Circle by adding USDC (cryptocurrency) to its Digital Asset Custody platform.

BlackRock: BlackRock is part of a consortium backing a $15M Bitcoin security initiative, mentioned in context of stablecoin competition.

BNY: Cathinka Wahlstrom of BNY noted AI's success in significantly reducing client onboarding research time.