PANews, March 16 news, according to Ledger Insights, the lending platform EquiLend has confirmed that BNY Mellon Bank in New York has made a minority equity investment in it, with the specific investment amount not yet disclosed. EquiLend also confirmed that BNY Mellon Bank is one of the first users of its 1Source securities lending solution based on distributed ledger technology. It is reported that the 1Source platform aims to improve the transparency and efficiency of securities lending, and is expected to change the traditional securities lending operations.
