Multi-trillion asset manager State Street launches digital currency division

Cointelegraph

Published Jun 11, 2021 01:44AM ET

Updated Jun 11, 2021 03:20AM ET

Multi-trillion dollar asset manager, State Street Corporation (NYSE:STT), has become the latest financial institution to announce the launch of a dedicated digital finance division.

State Street, the second-oldest continually operating bank in the United States, announced the move on Thursday, June 10, highlighting the division’s focus on cryptocurrency, blockchain technology, central bank digital currencies (CBDCs), and tokenization.

Continue Reading on Coin Telegraph