Elaine Sun Ye Lin, former head of compliance for the Chinese branch of global bank State Street, has joined Huobi as compliance director.
State Street bank says there's no sense of urgency yet from clients for it to move into safeguarding crypto assets.
The global custody bank's tech and product teams are keen to transform securities lending into a peer-to-peer market, but not all are on board.
Three former State Streeters have raised $5 million to build a platform for the next wave of institutional investors wanting access to crypto assets.
A new syndicated loan marketplace backed by a group of major banks is set to be launched on top of R3's Corda distributed ledger platform.
Both new and founding members of the Utility Settlement Coin project think its work could lead central banks to adopt blockchain-based fiat currency.
State Street is experimenting with ways to monetize blockchain tech by harnessing the predictive powers of artificial intelligence.
State Street bank is on the verge of putting significant amounts of its workflow on a blockchain. CoinDesk speaks to the executives involved.
State Street has been tapped to help launch the first bitcoin exchange-traded fund (ETF).
State Street is working on a new blockchain project aimed at cataloging transactions tied to investment assets.