State Street says it plans to evolve into a “multi-asset platform” to support cryptocurrency trading and more. State Street, the U.S. custody bank that oversees about $40 trillion in assets, has launched a dedicated cryptocurrency division.
The new unit, State Street Digital, will be led by executive vice president Nadine Chakar, who will report to Lou Maiuri, chief operating officer of State Street Corporation, the bank said in a press statement.
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