Home > Quick > Body

State Street joins JPMorgan Chase's digital debt service to promote blockchain debt securities custody

clock
2025-08-21 16:03:54
State Street has announced that it has become the first third-party custodian to access JPMorgan Chase's digital debt services, providing institutional clients with custody of blockchain-based debt securities.
JPMorgan's digital debt service supports bond issuance, settlement and lifecycle management through the Kinexys digital asset platform, employing blockchain technology implementation for precise T + 0 settlement and automated operations. The first transaction, completed by State Street Investment Management, purchased $100 million in commercial paper, marking the modernization of the short-term debt market.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.