Tagged: state street

State Street Global Advisors Introduces Digital Asset, Disruptive Tech ETFs Actively Managed By Galaxy Asset Management

Galaxy Asset Management, an affiliate of Galaxy Digital Holdings Ltd. (TSX: GLXY) and one of the world’s largest investment managers of digital assets and blockchain exposures, and State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT),  announced the introduction of… Read More

State Street Global Advisors Acquires Stake in Australian Fintech Platform Raiz

State Street Global Advisors, Inc, the asset management business of State Street Corporation (NYSE: STT), announced a strategic investment in Raiz Invest Limited (ASX: RZI), an Australian Fintech platform that helps customers grow their wealth by helping them to save and invest. The parties have… Read More

State Street Announces Agreement with Taurus to Power Digital Assets for Institutional Investors

State Street Corporation (NYSE: STT) and Taurus SA, a global firm focused on digital asset infrastructure, has announced a strategic agreement seeking to deliver digital assets capabilities for State Street Bank and Trust Company clients. The agreement will further enhance State Street Digital Asset Solutions,… Read More

State Street Is Reportedly Exploring Feasibility of Blockchain-enabled Solutions

State Street (NYSE: STT) is currently examining various options for settling payments on blockchain, according to a report from Bloomberg. State Street, which is focused on the financial services and banking sector, is assessing if it should introduce its own stablecoin, issuing its own deposit… Read More

Galaxy Asset Management, State Street Global Advisors to Introduce Investors to “Next Evolution” of Digital Asset Investing

Galaxy Asset Management, an affiliate of Galaxy Digital Holdings Ltd. (TSX: GLXY) and one of the “largest” digital assets and blockchain investment managers, and State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced they are collaborating to bring investors… Read More

State Street Expands Fund Connect ETF APIs to Offer International Coverage

State Street Corporation (NYSE: STT) announced the expansion of its Fund Connect ETF portal via upgrades to its Application Protocol Interface (API), now offering coverage to all clients globally including Europe and the APAC region. Fund Connect ETF APIs have been “available in the U.S…. Read More

State Street Expands Outsourced Trading Capabilities via Planned Acquisition of CF Global Trading

State Street Corporation (NYSE: STT) announced it has entered into a definitive agreement to acquire CF Global Trading, a global firm specializing in outsourced trading on an agency basis for a variety of asset classes including equities, listed derivatives and fixed income. The transaction is… Read More

State Street Introduces FIX API Order Connectivity for Fund Connect ETF Portal

State Street Corporation (NYSE:STT) announced the launch of a Financial Information eXchange (FIX) application programming interface (API) for its Fund Connect ETF platform, a global online portal “for the creation and redemption of ETFs within the firm’s GlobalLink product suite.” The FIX enhancement, now available… Read More

Securrency’s Patent for “Compliance Aware” Token Framework: a Step Towards Liquid, Digital Assets Marketplace

Securrency, a developer of institutional-grade, blockchain-based financial and regulatory technology, announced that it has received a United States patent for its Compliance Aware Token Framework (CATF). This framework is a critical step in Securrency’s four-phase vision that includes: Tokenizing financial assets at scale Interconnecting global… Read More

State Street Digital’s TradeNeXus Platform Teams Up with Capitolis to Introduce Integrated Portfolio Optimization Offering

State Street Corporation (NYSE: STT) announced that TradeNeXus, a GlobalLink digital platform for foreign exchange transactions and an integral part of State Street’s Digital Division, has partnered with Capitolis, the technology company “reimagining” capital markets, “to launch an automated post-trade solution to optimize portfolios.” This… Read More

State Street, FactSet to Streamline Data Flows Across Front, Middle, Back Office

State Street (NYSE: STT) and FactSet (NYSE: FDS) have announced a partnership integrating State Street Alpha and the complementary strengths of FactSet “to streamline data flows across the front, middle and back-office through State Street’s Alpha Data Platform.” The two companies expect the collaboration will… Read More

Paxos and State Street to Deliver Reduced Costs, T+0 Settlement in New Pilot

Paxos, the regulated blockchain infrastructure platform, has teamed up with State Street (NYSE: STT). one of the “leading” providers of financial services to institutional investors, “to integrate State Street’s custodial services into the Paxos Settlement Service.” As part of the pilot, State Street was able “to… Read More

State Street Services Capital Group’s First Actively Managed ETFs

State Street Corporation (NYSE: STT) recently announced that it has begun working with Capital Group on “servicing of the investment management firm’s first actively managed exchange traded funds (ETF) that launched in February 2022.” As part of the appointment, State Street is “providing ETF basket… Read More

State Street to Work on Digital Custody Solution with Assistance from Copper.co

State Street Corporation (NYSE: STT) announced that State Street Digital, the company’s dedicated Digital unit, has entered into a licensing agreement with Copper.co, a London-headquartered provider of institutional digital asset custody and trading infrastructure. State Street Digital will “leverage Copper.co’s technology to develop and, subject… Read More

State Street Digital, Vanguard, Symbiont Complete Live Trade for Foreign Exchange Forward Contracts via Blockchain Tech, Smart Contracts

State Street Corporation (NYSE:STT), in collaboration with Vanguard and Symbiont, has announced that the companies have completed the margin calculation process “for a live trade of a 30-day foreign exchange forward contract through the use of Assembly, Symbiont’s distributed ledger technology.” As mentioned in the… Read More

Digital Assets Clearing and Settlement Platform Bosonic Adds Advisors, Staff

Bosonic, a clearing and settlement platform for digital assets, today added three senior advisors and seven staff, bringing its team total to 35. The hires are across technology, product and business development, and sales. “As we begin to engage in our largest capital raise to… Read More

Securrency Secures $30 million Through Series B Funding Round

   Securrency, a global financial services technology infrastructure and products company, announced on Monday it raised $30 million through its Series B investment round, which saw participation from WisdomTree Investments, Abu Dhabi Catalyst Partners Limited (ADCP), State Street, and U.S. Bank. The investment round comes… Read More

U.S. SaaS Platform Capitolis Scores Strategic Investment From Citi, JP Morgan, & State Street

Capitolis, a U.S.-based SaaS platform that drives financial resource optimization for capital markets, announced on Thursday it secured a strategic investment from Citi, J.P. Morgan and State Street. Founded in 2017, Capitolis claims its network software enables financial institutions to optimize their balance sheets, which… Read More

Hot SPAC Sector Meets Hot Fintech Sector in Fusion Acquisition Corp IPO

SPACs or special acquisition companies have emerged as a hot sector of finance. Recently, Bill Ackman’s Pershing Square announced a $4 billion initial public offering for a SPAC making it the largest ever for a blank check company. The SPAC is anticipated to have a… Read More

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

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