State Street Bank Launches Cryptocurrency Division
State Street says it plans to evolve into a “multi-asset platform” to support cryptocurrency trading and more.
“It was very important for us to show the customers that we have the balance sheet and valuation to stay independent.”
“We’re doing it,” tweeted Jack Dorsey, the fintech’s CEO.
The fund seeks to raise A$25 million ($18.4 million) over a three-month period, promising clients a 100% FIL return over five years.
Anchorage President Diogo Monica said the token was added following “massive demand” from its institutional clients.
BitMEX said the appointment forms part of the firm's "beyond derivatives" strategy.