BNY Mellon is prioritizing tokenization as a key component of its long-term strategy, according to CEO Robin Vince. The bank aims to integrate blockchain technology to enhance its custody and settlement systems, moving beyond stablecoins to participate fully in the digital asset ecosystem. This shift aligns with broader industry trends, as institutions like UBS and Invesco are increasingly tokenizing assets, marking a transition from experimental phases to mainstream adoption. Tokenization is expected to significantly boost settlement speeds and provide real-time liquidity, with projections indicating real-world assets could grow from $35 billion to $2 trillion by 2028.