Tagged: state street

Crypto Assets Will Help Private Capital Markets in Becoming the Standard, Says Jay Biancamano, Managing Director at State Street

Jay Biancamano, the managing director and digital currency lead at giant custodian bank State Street, has argued that crypto assets will assist the private capital market in becoming the global standard for trading within the next 10 years. During a recent episode of The Block’s… Read More

State Street Partners With Gemini to Launch Digital Asset Pilot

State Street, a Boston-based asset-management firm “responsible for more than 10 percent of the world’s assets,” announced on Tuesday it has teamed up with cryptocurrency platform Gemini to launch a new digital asset pilot, which notably builds on ongoing research and development in the digital… Read More

State Street Outsources DLT Initiative, 100 Developers Cut

State Street, a Boston-based asset-management firm “responsible for more than 10 percent of the world’s assets” has reportedly abandoned an internal project that aimed to put the company’s investment book front end, accounting middleware and back end custody records onto a blockchain-like self-settling layer. 100 blockchain… Read More

Industry Advocates in Washington, DC This Week to Consult on Cryptocurrency Legislation

Warren Davidson

Representatives from Wall Street and prominent US crypto investment/services firms are convening in Washington this week to attend a legislative roundtable hosted by Republican Representative Warren Davidson of Ohio, CNBC reports. Attendees at the roundtable, titled “Legislating Certainty for Cryptocurrencies,” are reportedly hoping to influence… Read More

Finastra Teams Up With R3 & Seven Banks to Create Distribute Ledger Technology Platform

UK-based fintech firm Finastra announced on Thursday it has teamed up with R3 and seven banks to create an online marketplace to drive transparency and efficiency in the syndicated loan market. Finastra reported that R3’s distributed ledger technology (DLT) based platform, Fusion LenderComm exposes real-time credit agreement, accrual… Read More

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