What Did State Street Launch and Who Is It For?

[nihalsari]

State Street has launched a new institutional digital asset platform designed to help businesses enter crypto and blockchain markets with confidence. The platform focuses on tokenization—bridging traditional financial assets to blockchains—and will support products such as tokenized money market funds, exchange-traded funds, tokenized deposits, and stablecoins.

The offering is aimed squarely at institutional clients and will roll out subject to regulatory approvals across jurisdictions. According to Joerg Ambrosius, State Street’s president of investment services, the goal is to combine blockchain connectivity with the bank’s existing controls and global servicing infrastructure, making tokenization a core institutional strategy rather than an experimental side project.

[madmax]

tokenization going from “pilot program” to core strategy is a pretty big signal