Will BNY Mellon be able to store bitcoin and ETH?

In the realm of cryptocurrency and finance, there is a growing demand for traditional financial institutions to adapt and integrate with the digital asset landscape. One of the leading global financial institutions, Bank of New York Mellon (BNY Mellon), has been at the forefront of this trend. However, the question remains: will BNY Mellon truly be able to store bitcoin and Ethereum (ETH)? Given the volatile nature of cryptocurrencies and the complexities of their underlying blockchain technology, it's an important inquiry to pose. On one hand, BNY Mellon's extensive experience in asset custody and management makes it a formidable candidate for this role. On the other, the unique security challenges posed by digital assets may require a new set of protocols and procedures. As a questioner, I'm keen to understand the steps BNY Mellon is taking to ensure the safety and security of its potential digital asset holdings. Are they partnering with leading blockchain security firms? Are they developing their own proprietary solutions? Or are they relying solely on existing infrastructure? The answers to these questions will help determine whether BNY Mellon is truly capable of storing bitcoin and ETH in a secure and compliant manner.