State Street Chief Product Officer: State Street is eager to enter the cryptocurrency space and provide custody services
2024-05-11 08:13:09
According to Fortune Crypto, Donna Milrod, the chief product officer of State Street, made it clear that State Street, the second oldest bank in the United States, is eager to enter the cryptocurrency space. She claimed that "State Street can't wait to enter the cryptocurrency market." As the world's largest custodian, State Street will be the best and safest choice to protect Bitcoin for large Financial Institution Groups such as BlackRock, but unfortunately, when the Securities Exchange Commission approved the Bitcoin ETF in January this year, Coinbase was granted custody of most funds. It is reported that State Street is mainly concerned about the regulatory policy of the Securities Exchange Commission.
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