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TechFlow reported on January 16 that, according to Bloomberg, global large-scale custodian bank State Street Corporation announced the launch of a digital asset platform aimed at expanding its business in this rapidly growing asset class. According to a statement released by the Boston-based company, the new platform will develop and support money market funds, exchange-traded funds (ETFs), and cash products including tokenized deposits and stablecoins.
According to Bloomberg, State Street Corporation, a major global custodian bank, announced the launch of a digital assets platform aimed at expanding its business in this rapidly growing asset class. As stated in the announcement from the Boston-based company, the new platform will develop and support money market funds, exchange-traded funds (ETFs), and cash products including tokenized deposits and stablecoins.
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