State Street: 38% of Clients Will Put More Money into Digital Assets in 2020
The majority of asset managers that bank with State Street are interested in digital assets, but none have asked the global custodian to store them yet.
Mutual fund giant Vanguard has completed another blockchain pilot that aims to change the risk profile of foreign exchange transactions.
Vanguard worked with blockchain startup Symbiont, BNY Mellon, Citi, State Street and others to model the full lifecycle of digital ABS settlement.
Lukka is looking to go mainstream with a strategic investment from three stalwarts of traditional finance.
Data privacy startup Manetu goes live early next month with $3.5 million in backing from Castle Island Ventures and others.
Boston-based State Street Corp. is partnering with cryptocurrency exchange and custodian Gemini Trust on a new pilot that examines reporting scenarios for digital assets.