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BNY Launches Global Digital Transfer Agency Capabilities, Extending Leadership in Fund Servicing to Digital Market

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BNY Investments Dreyfus, Baillie Gifford and BlackRock among first issuers

NEW YORK, July 29, 2026 /PRNewswire/ — BNY (NYSE: BNY), a global financial services company, today announced the launch of its new Digital Transfer Agency (TA) capabilities, meeting an expanded set of client needs by extending the firm’s leading TA services to support digitally native funds. 

BNY Digital TA modernizes BNY’s fund servicing capabilities to support both digital and traditional asset funds in an end-to-end lifecycle across multiple jurisdictions and blockchains, enabling a unified client servicing experience.

“With this new capability, BNY is helping power the future of financial markets through digital market infrastructure with a global, scalable platform that integrates tokenization, distribution, and custody,” said Emily Portney, Global Head of Asset Servicing at BNY. “We are excited to support clients as they expand into new asset classes, enabling true on-chain mobility of real-world assets, with legal representation of the fund’s books and records on a public blockchain.”

When tokenized funds are issued on a blockchain from the start, the legal title and economic value of the funds exist on-chain rather than remain in the mirror-token or “digital twin” models that have prevailed to date. For fund providers, on-chain books and records underpin a unified “source of truth” across fund activity occurring on the blockchain. Full on-chain asset and peer-to-peer mobility will be supported through both fiat and stablecoin subscriptions and redemptions, enabled by new mint/burn capabilities, all within the BNY ecosystem.

“Digital Transfer Agency capabilities represent the next evolution of fund servicing, combining the same operational rigor, transparency and trust of traditional services paired with the future of innovation in digital markets,” said Carolyn Weinberg, Chief Product and Innovation Officer at BNY. “As fund managers increasingly bring digital investment products to market, we’re excited to bring together the resilient framework they rely on with digital markets interoperability that makes asset servicing and mobility easier.”

Digital TA is part of BNY’s integrated digital assets offering, which spans custody, stablecoin enablement, tokenized deposits and infrastructure supporting the institutional adoption of digital assets. Those capabilities are directly connected to the firm’s underlying TA recordkeeping infrastructure, creating a trusted source of ownership and transaction data across both traditional and digital environments.

“We are pleased to advance BNY’s ongoing efforts to bring together distinct capabilities into integrated, innovative solutions that address evolving client needs,” said Stephanie Pierce, Deputy Head of BNY Investments. “Digital TA will further strengthen our ability to combine investment and servicing expertise to deliver digital asset solutions that simplify cash and liquidity management.”

The service will initially launch with select clients in the U.S. and U.K., with plans for expansion. BNY will offer a new digitally-native money market fund from BNY Investments Dreyfus with its BLIQUID tokens representing fund shares. Baillie Gifford, which co-designed its offering with BNY as part of a long-term strategic relationship, has already brought it to market, launching the Baillie Gifford Enhanced Yield Fund (BAGEY), the first publicly available, fully native U.K.-regulated tokenized fund. BlackRock is also expected to use these capabilities to launch BSTBL, a new tokenized share class of its money market fund designed to meet stablecoin reserve requirements.

With approximately $8.6 trillion in assets serviced and more than 7.6 million investor accounts, BNY is uniquely positioned to support fund issuers launching both traditional and digital fund structures and enable their growth into new asset classes and on-chain funds.

To learn more about BNY’s Digital Assets offering, visit: bny.com/digitalassets 

Media Contact:
Rebecca Vignali
703.505.7954
Rebecca.Vignali@bny.com 

About BNY
BNY is a global financial services platforms company at the heart of the world’s capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of June 30, 2026, BNY oversees $62.6 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BNY). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. 

BNY Investments is the brand name for the investment management business of BNY and its investment firm affiliates worldwide.

The fund is designed for purchase by stablecoin issuers and institutional investors. The Fund’s shares are also available for purchase by institutional investors, who are acting for themselves.

Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. To obtain a prospectus, or summary prospectus, if available, that contains this and other information about the fund visit www.dreyfus.com. Investors should read the prospectus carefully before investing. 

You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.

Although the fund’s board has no current intention to impose a fee upon the sale of shares, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

The fund’s investment adviser is BNY Mellon Investment Adviser, Inc. (BNYIA). BNYIA has engaged its affiliate, Dreyfus, a division of Mellon Investments Corporation, to serve as the fund’s sub-adviser. Securities are offered by BNY Mellon Securities Corporation (BNYSC), a registered broker-dealer and affiliate of MIC.

BNY Investments Dreyfus (Dreyfus) is a division of Mellon Investments Corporation (MIC), a registered investment adviser and subsidiary of BNY.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any security.

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Glass Ceramics Market Strengthens with Advanced Materials Demand across Appliances | CAGR 4.6% | Persistence Market Research

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LONDON, July 29, 2026 /PRNewswire/ — The global glass ceramics market is growing steadily, expected to be valued at around US$1,753.2 million in 2026 and projected to reach US$2,401.9 million by 2033, with a CAGR of 4.6% in the coming years. This expansion is driven by rising adoption across household appliances, healthcare, aerospace, and electronics industries. Glass ceramics have become indispensable where conventional materials cannot deliver the required thermal shock resistance, dimensional stability, and durability.

Growing Adoption of Energy Efficient Induction Cooktops Fuels Market Expansion

The worldwide transition toward energy-efficient cooking appliances is becoming one of the strongest growth drivers for the glass ceramics market. Governments and consumers are increasingly favoring induction cooking technologies because of their superior energy efficiency, improved safety, and reduced emissions compared to conventional gas cooking systems. Glass ceramic panels manufactured primarily from Lithium Aluminosilicate (LAS) compositions serve as the essential cooking surface for induction and radiant cooktops due to their exceptional resistance to thermal shock and mechanical stress.

International energy efficiency initiatives and appliance regulations are encouraging this shift. Induction cooktops operate at significantly higher energy efficiency than traditional gas stoves, prompting appliance manufacturers to expand production of premium induction cooking products. Europe continues leading this transition, while China and North America are witnessing rapid growth in household adoption.

Manufacturers are simultaneously introducing larger cooking surfaces, improved scratch resistance, and aesthetically enhanced glass ceramic panels that combine durability with premium kitchen designs. Beyond residential kitchens, commercial food service operators are increasingly installing induction cooking systems to improve workplace safety and reduce operating costs.

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Expanding Aerospace, Healthcare, and Electronics Applications Strengthen Industry Demand

The increasing use of advanced materials across aerospace, healthcare, and electronics industries represents another major driver for the glass ceramics market. Glass ceramics offer an exceptional combination of near-zero thermal expansion, dimensional stability, optical performance, and biocompatibility, making them suitable for highly specialized applications where conventional materials often fall short.

Aerospace manufacturers increasingly specify glass ceramics for infrared windows, radomes, precision optical assemblies, and high-temperature observation systems capable of operating under extreme thermal conditions. Modern defense platforms, satellite systems, and advanced aircraft programs continue creating demand for high-performance glass ceramic components.

Healthcare has emerged as one of the fastest-growing application areas. Lithium disilicate and leucite-reinforced glass ceramics are becoming preferred materials for dental crowns, veneers, and bridges because they combine excellent aesthetics with superior mechanical strength. Growing adoption of CAD/CAM digital dentistry allows clinics to manufacture customized restorations with greater precision and shorter treatment times.

The electronics sector is creating additional opportunities as 5G infrastructure deployment and semiconductor manufacturing require materials with low dielectric loss, dimensional stability, and reliable hermetic sealing performance. Manufacturers continue investing in specialized glass ceramic formulations capable of meeting increasingly stringent technical requirements across telecommunications and precision electronics.

Key Highlight: SCHOTT Launches Pilot Projects for a More Circular Glass Ceramics Value Chain in 2024

A standout development in the glass ceramics market was SCHOTT’s launch of pilot projects focused on creating a more circular economy for glass ceramics and specialty glass. The initiative aims to establish a closed-loop recycling system by recovering end-of-life CERAN® glass-ceramic cooktops and reusing the material in the production of new products. This effort supports SCHOTT’s broader sustainability strategy and promotes resource conservation across the glass ceramics value chain.As part of the initiative, SCHOTT is collaborating with partners across the value chain to collect, process, and recycle used glass-ceramic cooktops. The company is evaluating technical processes for recovering valuable raw materials while ensuring that recycled material meets the stringent quality requirements for manufacturing new CERAN® glass-ceramic products. These pilot projects are intended to advance circular material use and reduce reliance on virgin raw materials.

SCHOTT also highlights the sustainability credentials of CERAN®, which is manufactured without the use of toxic heavy metals such as arsenic and antimony. The company’s ongoing efforts to improve material circularity, combined with its environmentally responsible production practices, reinforce its commitment to reducing the environmental footprint of glass ceramics while supporting the long-term sustainability of the industry.

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Segmentation Insights: Lithium Aluminosilicate (LAS) Glass Ceramics Lead the Market Through Superior Thermal Performance

Lithium Aluminosilicate (LAS) glass ceramics remain the leading material type, accounting for approximately 52% of the market revenue. Their market leadership is supported by an unmatched combination of near-zero thermal expansion, excellent thermal shock resistance, and high mechanical durability, making them the preferred material for induction and radiant cooktop panels, the industry’s largest end-use application. Leading manufacturers, including SCHOTT AG and Eurokera, continue investing in advanced crystallization technologies and composition refinement to enhance product performance and manufacturing efficiency. Ongoing innovation in premium induction cooking appliances, coupled with growing global demand for energy-efficient kitchen solutions, continues to reinforce LAS glass ceramics as the benchmark material across the household appliance industry.

Regional Insights: Europe Leads Global Glass Ceramics Market While Asia Pacific Records the Fastest Growth

Europe holds the largest share of the glass ceramics market, accounting for approximately 34% of global revenue, supported by its strong appliance manufacturing ecosystem, high induction cooking penetration, and the presence of industry leaders such as SCHOTT AG and Eurokera. Germany, France, and other Western European countries continue driving both production and consumption through advanced manufacturing capabilities and stringent energy efficiency regulations.

Asia Pacific is the fastest-growing regional market. China dominates regional production through its extensive household appliance manufacturing base, while Japan maintains leadership in advanced glass ceramics for precision optics, semiconductor equipment, and electronic components. India is emerging rapidly as induction cooktop adoption increases alongside expanding middle-class consumer demand and investments in modern healthcare infrastructure.

North America maintains steady demand through aerospace, defense, medical technology, and premium household appliance applications. Latin America and the Middle East continue offering emerging opportunities as industrial modernization, healthcare investments, and consumer appliance penetration steadily improve. Regional manufacturing strategies increasingly emphasize localized production, advanced material innovation, and closer collaboration with appliance and electronics OEMs.

Key Highlights

The global glass ceramics market is projected to grow from US$ 1,753.2 Mn in 2026 to US$ 2,401.9 Mn by 2033, registering a CAGR of 4.6%.Europe leads the market with approximately 34% revenue share, while Asia Pacific is the fastest-growing region with a CAGR exceeding 5.8% through 2033.Lithium Aluminosilicate (LAS) glass ceramics dominate the material type segment, accounting for approximately 52% of global market revenue.Household appliances remain the leading application segment with approximately 46% market share, driven by strong demand for induction and radiant cooktop panels.Rising adoption of energy-efficient induction cooking, expanding healthcare and dental applications, and increasing use in electronics and aerospace continue to support long-term market growth.

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Key Players and Business Strategies

Leading players include SCHOTT AG, Corning Incorporated, Nippon Electric Glass Co., Ltd., AGC Inc., and Eurokera.

SCHOTT AG continues expanding its CERAN® product portfolio while investing heavily in sustainable glass ceramic manufacturing technologies and advanced induction cooktop applications.Corning Incorporated focuses on advanced specialty glass technologies and high-performance material innovation, supporting premium industrial, healthcare, and consumer applications.Nippon Electric Glass Co., Ltd. strengthens its position through continuous investment in precision glass ceramics for electronics, semiconductor equipment, and optical applications.AGC Inc. continues expanding research into high-value specialty glass ceramic materials serving automotive, healthcare, and advanced industrial markets.

Market Segmentation

By Material Type

Lithium Aluminosilicate (LAS)Zinc Aluminosilicate (ZAS)Magnesium Aluminosilicate (MAS)Others

By Application

Household AppliancesBuilding & ConstructionElectrical & ElectronicsHealthcare & MedicalIndustrial EquipmentAerospace & DéfenseOthersBy RegionNorth AmericaEuropeEast AsiaSouth Asia and OceaniaLatin AmericaMiddle East and Africa

Get More Insights — Related Advanced Materials Market Reports:

Pottery Ceramics Market by Product Type (Tableware, Artware), Material Type (Earthenware, Stoneware), End-use, Distribution Channel, and Regional Analysis for 2025 – 2032

Fire Resistant Glass Market by Product Type (Wired Glass, Ceramic Glass, Tempered Fire-Resistant Glass, Laminated Fire-Resistant Glass, Gel-Filled Fire-Resistant Glass), by Fire Rating (E-Class, EW-Class, EI-Class), by Application (Doors, Windows, Partitions, Walls/Facades, Skylights), End-User (Residential, Commercial, Healthcare, Transportation), and Regional Analysis, 2026 – 2033

Microspheres Market by Form (Solid, Hollow, Porous), Material Type (Glass, Polymer, Ceramic, Carbon, Silica), Application (Construction Composites, Healthcare and Biotechnology, Paints and Coatings, Cosmetics and Personal Care, Oil and Gas), and Regional Analysis, 2026 – 2033

Automatic Stencil Cleaner Market by Cleaning Technology (Ultrasonic, Pneumatic), System Type (1 Tank System, 2 Tank System), Tank Capacity (Up to 60 Litres, 60–90 Litres, More than 90 Litres), Industry (Electronics, Automotive, Others), and Regional Analysis, 2026–2033

Shotcrete/Sprayed Concrete Market by Process Type (Wet-Mix Shotcrete, Dry-Mix Shotcrete), System Type (Robotic Spraying System, Manual Spraying System), Reinforcement Type (Steel Fiber Reinforced, Synthetic Fiber Reinforced, Non-Fiber Reinforced Shotcrete), End-user (Underground Construction, Protective Coatings, Civil Constructions, Repair Works, Mining, Others), Regional Analysis, 2026 – 2033

Lithium Hydroxide Market by Application (EV Batteries, Energy Storage Systems, Lubricating Grease, Purification, Other), Industry (Automotive, Consumer Electronics, Energy Storage, Other), and Regional Analysis for 2026 – 2033

Architectural Membrane Market by Product Type (ETFE Sheeting, Polyester Fabric, Others), End-use Areas (Exteriors, Lightframe, Others), Applications (Commercial Construction, Roads and Public Construction, Others), and Regional Analysis for 2026 – 2033

Geogrids Market by Product Type (Uniaxial, Biaxial, Multiaxial), Material (HDPE, PP, Polyester), Application (Road Construction, Railroad, Soil Reinforcement, Others), and Regional Analysis, 2026 – 2033

About Persistence Market Research:

At Persistence Market Research, we are pioneers in Market Research and Consulting, bringing you the most dynamic insights into market trends, consumer behaviours, and competitive intelligence! For over a decade, we’ve been at the forefront of delivering game-changing analytics and research that drive businesses toward growth.

Our extensive market report database is a go-to resource for Fortune 500 companies, savvy business investors, media and entertainment channels, and academic institutions, empowering them to navigate the global and regional business landscape with confidence. With thousands of statistics and in-depth analyses covering over 20 diverse industries across 25 major countries, we provide the insights you need to succeed in today’s competitive environment.

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Ankush Nikam
Persistence Market Research
Second Floor, 150 Fleet Street, London, EC4A 2DQ
+44 203-837-5656
United Kingdom
USA Phone – +1 646-878-6329
Email: sales@persistencemarketresearch.com

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Alloyed Announces Strategic Partnership with SimpliSmart LLC to Deliver Accelerated, End-to-End AI-Powered Enterprise Operations

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MARLTON, N.J., July 29, 2026 /PRNewswire/ — Alloyed, a global managed business solutions provider, announced a strategic partnership with SimpliSmart LLC, expanding its ecosystem of technology partners dedicated to helping organizations modernize operations through intelligent automation and AI-enabled solutions. Together, the companies will help organizations implement AI while maintaining the human expertise needed to achieve measurable results.

“As organizations navigate the next generation of business operations, they need partners who can help them move from AI experimentation to AI execution,” said Lauren Kochan, Chief Executive Officer of Alloyed. “Our partnership with SimpliSmart LLC strengthens our ability to deliver practical, scalable AI solutions that improve performance, reduce operational complexity, and help our clients achieve meaningful business outcomes.”

Through the partnership, Alloyed and SimpliSmart LLC will help organizations:

Transform complex processes by embedding AI-automated workflows that orchestrate people, systems, and enterprise applicationsImprove operational efficiency and service deliveryReduce manual effort across high-volume workflowsEnhance employee productivity and customer experiencesAccelerate enterprise AI adoption through practical, scalable solutionsDeliver measurable business outcomes through integrated operational and AI transformation strategies

“Organizations won’t realize the true value of AI by deploying standalone AI tools. They’ll realize it when AI becomes an intelligent, decision-making component embedded within end-to-end automated business processes,” said Matt Gustitus, Chief Executive Officer of SimpliSmart LLC. “Our partnership with Alloyed will enable clients to automate complete business processes where AI augments human decisions, orchestrates work across systems, and delivers impactful business outcomes at enterprise scale.”

Alloyed and SimpliSmart LLC will launch a series of joint go-to-market initiatives designed to help business leaders move beyond AI experimentation to operational execution. The collaboration will begin with a live executive webinar exploring how organizations can embed AI into enterprise workflows by combining cognitive process orchestration with intelligent automation.

The first joint webinar, From Automation to Agentic AI: Building the Next Generation of Managed Services, will be held on Thursday, August 20, 2026, at 2:00 PM EST. Registration is available at: https://www.mediafinance.org/town-hall-webinars.

The partnership combines Alloyed’s process expertise with SimpliSmart LLC’s AI and automation technology, reflecting their commitment to building an ecosystem of best-in-class technology partners that complement its cognitive process orchestration approach. By combining deep operational expertise with leading AI technologies, Alloyed empowers organizations to deploy the right mix of people, processes, and automation to achieve predictable performance and sustainable growth.

About Alloyed

Alloyed helps organizations move faster and perform better by orchestrating a fusion of process excellence, human expertise, and fit-for-purpose automation tailored to their workflows, technology stack, and scale. Through its cognitive process orchestration approach, Alloyed combines decades of operational experience with modern technology to deliver predictable performance and measurable business outcomes.

For more information, visit www.alloyed.io 

About SimpliSmart

SimpliSmart helps organizations accelerate digital transformation through artificial intelligence, intelligent automation, and enterprise AI solutions. The company enables businesses to deploy, manage, and scale intelligent applications that improve operational performance, increase efficiency, and drive measurable business impact. By integrating AI directly into automated business processes, SimpliSmart empowers organizations to transform how work gets done.

For more information, visit www.simplismart.io

Media Contact

Carolyn Kelly
Vice President of Marketing
Alloyed
carolyn.kelly@alloyed.io
917-679-4896

SimpliSmart LLC’s

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Real Estate Expert Margo Bohlin of New City, NY, Explains Why the First Week of a Home Listing Matters for HelloNation

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NEW CITY, N.Y., July 29, 2026 /PRNewswire/ — Why is the first week of a home listing often the most important? A new HelloNation article offers a detailed look at how early buyer interest can shape the outcome of a property sale. The piece provides practical insights for sellers looking to make the most of their listing’s launch.

According to the article, the first seven days of a home listing are when attention is highest and serious buyers are most likely to act. This critical window sets the tone for the entire sales process. Listings that start strong tend to sell faster and closer to asking price, while those that miss the mark may sit on the market, requiring later adjustments.

Pricing is the first major factor addressed. The HelloNation article stresses that a smart pricing strategy can attract the right audience immediately. Overpricing may cause a listing to stall, while underpricing risks lost value. Using recent sales and local market trends to guide the list price allows sellers to position the home competitively from day one. A real estate agent with in-depth neighborhood knowledge is key to setting that balance correctly.

The article also highlights home presentation as a make-or-break detail. A clean, well-staged, and visually appealing home—both in person and online—can significantly boost early buyer engagement. The article recommends investing in professional photos, fresh paint, updated fixtures, and tidy landscaping to create a strong first impression. With most buyers beginning their search online, compelling visuals are essential to capturing attention in the first week.

A coordinated marketing plan is another core element the article explores. The first days of a home listing should include targeted digital promotion, open houses, and outreach to active buyers. These efforts can drive multiple showings and increase competition, which in turn can lead to faster offers and more favorable terms. The article warns that waiting to ramp up marketing may cause sellers to miss their peak visibility window.

Communication between sellers and their real estate agent is also important during this early phase. The article notes that quick feedback from initial showings can guide adjustments and help refine the presentation or marketing tactics. Sellers who stay flexible and respond to early signals from the market tend to maintain momentum more effectively. Open communication also ensures timely handling of any offers that come in during the first week.

The article concludes that early momentum has lasting effects. Homes that engage buyers right away often experience fewer delays and require fewer price reductions. The first week isn’t just the start of a listing—it’s a make-or-break moment that influences the overall trajectory of the property sale.

“Why the First Week of a Home Listing Matters” features insights from Margo Bohlin, Real Estate Expert of New City, NY, in HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

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