State Street Expands Custody to Tokenized Debt on JPMorgan’s Blockchain Platform
The inaugural transaction State Street anchored was a $100 million digital commercial paper issuance by OCBC.
State Street
State Street Works on Tokenized Bond and Money Market Fund; No ‘Current Plans’ for Stablecoin Project
Tokenized collateral could have helped avoid or lessen the 2022 “liability-driven” crisis, Donna Milrod, chief product officer said in the interview with Financial News.
State Street Selects Taurus for Crypto Custody, Tokenization
The bank will start with tokenization and plans to offer digital asset custody once the U.S. regulatory environment improves.
TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg
Traditional financial heavyweights are getting increasingly involved in tokenization efforts, putting financial assets on blockchain rails for operational benefits.
State Street, Galaxy Digital to Develop Active Crypto Trading Products
Galaxy Digital inked a similar deal with DWS last year for the European market.
Copper to Make Up to 15% of Staff Redundant, Focus on Custody, Settlement
The process is just getting under way and the company, which employs just over 300 staff, said it cannot put an exact number on job losses.
Silvergate Uncertainties May Put TradFi Heavy Hitters’ Stakes in Jeopardy
Silvergate shares have tumbled 29% in after hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing.