2026-01-14 04:58:36

Major investment bank RBC just raised its price target on BNY Mellon, bumping it up to $130 from the previous $124. This move signals growing confidence in the institution's positioning, especially as BNY Mellon continues expanding its role in digital asset custody and blockchain infrastructure—critical services for the crypto ecosystem. The upgrade reflects analyst expectations around revenue growth in the bank's expanding crypto and digital finance divisions. For those tracking institutional adoption and traditional finance's deeper integration into Web3, this kind of analyst action on major custodians is worth monitoring.

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OPsychology

· 01-17 00:26

Major banks are starting to bet on BNY's crypto business. This wave of the custody race is indeed about to take off.

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LiquidationAlert

· 01-16 23:20

RBC's move is indeed clever. The signal for traditional finance to enter is becoming more and more obvious. BNY Mellon is benefiting from the crypto boom, and other custodians should also start to feel uneasy.

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NotFinancialAdviser

· 01-16 00:12

BNY Mellon has benefited from the crypto boom, and traditional finance is really starting to compete...

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0xInsomnia

· 01-14 06:46

BNY Mellon has truly benefited from institutional advantages, and traditional finance has finally caught on. But to be honest, can we trust $130? It feels like analysts are just making pie-in-the-sky predictions. I'm optimistic about custody, after all, someone has to hold the keys.

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TokenVelocityTrauma

· 01-14 05:27

Does BNY Mellon really care about this price increase? Honestly, it's just the bank wanting a share of the pie.

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SilentObserver

· 01-14 05:25

Traditional finance still relies on these institutions for crypto entry; it's really not a pace that retail investors can chase.

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LiquidityWhisperer

· 01-14 05:22

BNB Melon is stable this time, the traditional financial giants have finally seen the light.

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RugPullAlarm

· 01-14 05:18

Good grief, is this another prelude for institutions to harvest profits? RBC raises the price by $6 and gets excited, but what about on-chain data? Is the fund flow of BNY Mellon transparent?

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NFTDreamer

· 01-14 05:09

BNY Mellon has indeed been busy with crypto. This price increase wave is just the beginning of the response.

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BrokenRugs

· 01-14 05:02

ngl This is finally traditional finance taking us seriously. BNY Mellon benefiting from the crypto boom definitely deserves to rise.

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