Category: state street

State Street Collaborates With Pure Digital to Launch Cryptocurrency Trading Platform

State Street, one of the largest asset management firms, is collaborating with crypto startup Pure Digital to set up a cryptocurrency trading platform. “Pure Digital will be a fully automated, high throughput OTC market for digital assets and cryptocurrencies with physical delivery and bank custody,” the company explains. State Street Providing Tech for Crypto Trading […]

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Second Oldest American Bank With Over $3 Trillion AUM Set To Offer Crypto Trading Services

State Street Cooperation, the second oldest bank in America with over $3 trillion worth of assets under management has become the latest financial giant to adopt crypto. The bank announced on Thursday that its FX trading Currenex platform will provide its trading infrastructure to the London-based Pure Digital platform to help it build an institution-focused […]

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State Street is helping build a crypto trading platform for institutions

U.S. banking giant State Street is helping build a cryptocurrency trading platform for institutions. State Street’s Currenex unit has partnered with Arcane Crypto-backed Pure Digital for the initiative. (Currenex provides technology to institutional foreign exchange (FX) platforms). London-based Pure Digital is building an over-the-counter (OTC) crypto trading platform for institutional investors, and Currenex is providing […]

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State Street named fund administrator for VanEck’s proposed bitcoin ETF

Asset manager VanEck’s proposed bitcoin ETF is still before the U.S. Securities and Exchange Commission. On Tuesday, State Street announced that it had been appointed to a crucial role should the ETF move forward. State Street would serve as fund administrator and transfer agent, according to a press statement. In this role, State Street will […]

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