State Street News

State Street said its new crypto platform would help clients build tokenized money market funds, exchange-traded funds, and products such as tokenized deposits and stablecoins.

State Street Investment Management and Galaxy Asset Management are launching a tokenized private liquidity fund on Solana, with Ondo expected to invest $200 million.

A global survey finds investors are deepening exposure to blockchain and AI, though many remain skeptical that decentralized finance will take over traditional markets.

The firm revealed it has “$44.3 trillion in assets under custody and/or administration and $4.4 trillion in assets under management.”

After leading Lukka’s Series C funding round in late 2020, State Street partners with the firm to offer new digital asset services.

Traditional financial institutions such as State Street and BNY Mellon continue to get involved in the fast-evolving cryptocurrency space.

Currenex, a State Street-owned FX platform, will provide its infrastructure for the Pure Digital cryptocurrency exchange.

As much as the financial establishment hates to admit it, Bitcoin is a major economic and technological advancement, and it's not going anywhere.