BNYM

Brand: Stellar VBRF (compromised)

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Considered a systemically important bank by the FSB, (stellar-bnymellon.digital) Issuser Address: GAPUU26Z2FPFYNMB4Q3SLTKS3XCF6ELVSJIKZR4J6YV7UGJP3JJZAUKC ICO On 10/08/2023 CB:14,000%

Project Aurora asset

?️BNY is a great example of [the] future and an outstanding product which will change the world?️
- Evgeny Shuvalov, StellarVBRF

Bank of New York Mellon Corporation (BNY Mellon) has $1.8 trillion AUM and $44.3 trillion in assets under custody as of 2022. It is considered a systemically important bank by the FSB and is not only among the oldest banks in the world, established June 1784 by a group that included American Founding Father Alexander Hamilton, but also a sovereign bank never under the central banking system (https://t.me/QuantumStellarInitiative/7404)

In the 19th C, BNY's lending practices allowed it to weather financial crises by funding of the Morris and Erie canals and steamboat companies, financing the War of 1812 and the Union Army during the American Civil War. After the wars, they loaned to many major infrastructure projects: utilities, railroads, and the New York City Subway. In the early 20th C, they continued to expand, merged with the New York Life Insurance and Trust Company. BNY even profited and paid dividends through the Great Depression!

In 1988, BNY did a hostile takeover of Irving Bank which had opened an account with Vnesheconombank (VEB (https://veb.ru/en/) = VEB.RF (https://t.me/QuantumStellarInitiative/22526) = VBRF (https://t.me/stellarVBRF)) in 1922, allowing BNY to begin transacting with Russia. Between 1988-2005, BNY moved $9+ billion in "illegal Russian mafia" money (according to the FBI). However, sleeper cells embedded themselves in with the real criminals and this is actually the origin story of how many white hat Russian agents were moved into places around the world, and BNY's 33 acquisitions between 1993-1998 were the pre-blockchain impetus for the QFS banking matrix (https://t.me/QuantumStellarInitiative/27291)

BNY allied with ING in 2002 to bridge with Eastern European markets in the same manner as they did with Russia. In 2006, BNY swapped its retail banking for JP Morgan Chase's corporate trust assets and also merged with Mellon Financial Corporation in a $16.5 billion deal to create the world's largest securities servicing company

Another major turning point came in 2008 when the US Treasury named BNY the "master custodian" of the Troubled Asset Relief Program (TARP) bailout fund (https://www.housingwire.com/articles/new-york-mellon-named-custodian-tarp/) during the financial crisis of 2007 to 2010, and again the custodian for the CARES Act of 2020 (https://home.treasury.gov/system/files/136/BNY-Mellon-Custodian-FAA-for-CARES-Act-Custodian-EXECUTED-04-14-2020.pdf)

Further, BNY started building a new IT system called NEXEN in 2012 which uses open source technology, such as an API store, data analytics, and a cloud computing environment via OpenStack, a Red Hat product (https://www.altoros.com/blog/bny-mellon-nexen-drives-digital-transformation-with-cloud-foundry/). They also joined the Linux Foundation in 2021 (https://www.prnewswire.com/news-releases/bny-mellon-joins-linux-foundation-to-drive-open-source-climate-data-and-analytics-solutions-301421845.html) to jointly build a public platform for open-source tools, a building block of dApps

In February 2022 BNY, along with 8 other major banks, was part of Project Cedar (https://t.me/QFSProofs/455/752) to test the feasibility of a US CBDC stablecoin on DLT (https://t.me/QuantumStellarInitiative/19552) using Stellar and Ripple

Personal Unofficial Stellar Study Notes

BNYM

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