The report comes as State Street is increasing its presence in the digital asset space. State Street Global Advisors, the investment management arm of the company, also inked a deal with crypto investment firm Galaxy (GLXY) to develop crypto trading products, CoinDesk reported in late June based on regulatory filings. The Information reported early last month that State Street was rebuilding its digital asset division only six months after cutting the team, with plans for offering crypto custody services.
Related posts
-
Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends
The regulators confirmed their initial proposal that any person who issues a stablecoin in Hong Kong... -
Crypto Trading Firm XBTO Establishes Tokenization Team to Focus on Real World Assets
Arguably closer to real world scenarios, the Bermuda-based XBTO has been working on mid-tier corporate debt... -
Spain National Fan Token (SNFT) Slides 20% After UEFA Euro 2024 Win
Still, the SNFT token has dropped by 20% to $0.024 in the past 24 hours and...