State Street: Institutional investors undeterred by crypto winter

Institutional investors are unfazed by the current crypto winter and have maintained their interest in blockchain and digital assets according to megabank State Street. Speaking with Australian news outlet Sydney Morning Herald (SMH) on Sept. 11, Irfan Ahmad, the Asia Pacific digital lead for the bank’s crypto unit State Street Digital emphasized that despite extreme […]

Multi-trillion asset manager State Street launches digital currency division

Multi-trillion dollar asset manager, State Street Corporation, 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 […]

State Street to provide tech for institutional Bitcoin trading platform

State Street, the second-oldest operating bank in the United States, is moving into the cryptocurrency industry by agreeing to provide its technology for a new crypto trading platform. Currenex, a foreign exchange technology provider owned by State Street, has entered into an agreement with crypto firm Puremarkets to provide its trading infrastructure and tech for […]