DTCC says it aims to make all 1.4 million securities in its custody digitally eligible

DTCC says it aims to make all 1.4 million securities in its custody digitally eligible

The company's Brian Steele suggests the industry giant aims to redefine the limits of tokenization in capital markets.

Tokenization Push Rises As State Street Digitizes Cash And

State Street is increasingly going through tokenization, with significant banks transferring segments of their financial infrastructure onto blockchain rails. The company is also coming up with tokenized versions of conventional funds and cash products. It seeks to provide these tools in controlled systems. State Street is creating tokenized money market funds, ETFs, and cash products. These consist of token deposits and stablecoin products. Blo…

State Street introduces a new digital-asset platform

State Street Corp., long a stalwart of traditional finance, is making its biggest move yet into digital assets, unveiling a platform to support tokenized deposits, stablecoins, and crypto-backed funds for institutional clients.

State Street to cover ETFs, tokenized deposits, stablecoins in new digital platform

State Street Corporation, a major global custody bank and financial services provider, has announced the launch of its new Digital Asset Platform. The endeavor is an attempt by the custody bank to grow in the asset class, which is increasingly becoming more popular.  The new digital asset platform is being positioned as a secure, scalable infrastructure designed specifically for tokenized assets, which would make the firm a key bridge between tr…

State Street Launches Tokenized Funds and Digital Cash Products

State Street Corp., long known for its behind-the-scenes role in global finance, is stepping into a more active position in digital assets. Instead of focusing solely on administration and accounting, the firm is building a platform that will allow traditional investment products and cash instruments to exist in tokenized form. Key Takeaways State Street is shifting from crypto support services to creating tokenized funds and digital cash prod…

Report: Boston-Based TradFi Giant State Street to Roll out Tokenized Products

State Street Corp., a massive Boston-based custody bank overseeing more than $4 trillion in assets, is stepping further into digital assets with …