BNY Mellon is increasing its focus on digital assets and plans to integrate them into all aspects of its business. However, the bank's focus does not extend to cryptocurrency. BNY Mellon's digital asset strategy involves distributed ledger technology, tokenization, and digital cash. The bank's three-part plan for digital assets includes providing existing services for digital assets, advancing and modernizing existing infrastructure through blockchain and other technologies, and exploring new use cases such as tokenization. BNY Mellon aims to offer digital cash and tokenization services to corporate trust clients in upcoming use cases.