BNY explains how depositary receipts expand global market access
The article highlights $6.6 trillion in DR value traded, Canada opening as a new market, and GDN expansions into corporate debt and new sovereigns.
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Global financial services platforms company
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In short: BNY achieved record Q2 2026 revenue and raised its annual forecast, while expanding its digital asset and blockchain infrastructure roles.
The article highlights $6.6 trillion in DR value traded, Canada opening as a new market, and GDN expansions into corporate debt and new sovereigns.
The service supports digitally native funds across multiple jurisdictions and blockchains, with initial clients including BNY Investments, Baillie Gifford, and BlackRock.
The offering comprises 500,000 depositary shares at $1,000 each, with a 6.150% dividend rate until 2031, then floating.
Revenue grew 13% to $5.7 billion with positive operating leverage and broad-based growth across segments.
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Bank of New York Mellon (BNY) on Thursday announced the pricing of an underwritten public offering of 500,000 depositary ...
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