State Street

Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi

<div class=”featured_image_container”> </div> <strong>On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi).</strong> State Street Invokes New Division Dedicated to Crypto, Blockchain, and Defi The financial services company State Street (NYSE: STT) offers a wide array …

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State Street Collaborates With Pure Digital to Launch Cryptocurrency Trading Platform

<div class=”featured_image_container”> </div> <strong>State Street, one of the largest asset management firms, is collaborating with crypto startup Pure Digital to set up a cryptocurrency trading platform. “Pure Digital will be a fully automated, high throughput OTC market for digital assets and cryptocurrencies with physical delivery and bank custody,” the company explains.</strong> State Street Providing Tech …

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Vanguard’s Blockchain Platform for Foreign Exchange Will Go Live in Q3 2020

Mutual fund giant Vanguard has completed another blockchain pilot that aims to change the risk profile of foreign exchange (FX) transactions. The Valley Forge, Pa.-based investment firm ran the pilot on Symbiont’s Assembly blockchain with participation from State Street, BNY Mellon and investment firm Franklin Templeton. Vanguard and Franklin Templeton acted as dealer banks and …

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