Bitwise has assembled a ranking of traditional banks with the widest-ranging cryptocurrency exposure, and the names at the top read less like a fintech disruptor list and more like the guest roster at a Davos dinner party. BNY Mellon and JPMorgan Chase, two institutions that collectively hold the gravitational center of global finance, lead the pack across categories including trading, payments, ETFs, and tokenization.

The heavyweights and their crypto footprints

BNY Mellon, the world’s largest custodian bank with roughly $59 trillion in assets under custody and administration, has arguably made the most aggressive moves. The bank announced plans to launch Bitcoin custody services in Abu Dhabi, announced on May 7,…