bitcoin
Report: Boston-Based TradFi Giant State Street to Roll out Tokenized Products
📰 sources⭐ 7.0
TL;DR:
State Street Corp. , a massive Boston-based custody bank overseeing more than $4 trillion in assets, is stepping further into digital assets with plans to roll out a suite of tokenized financial products aimed squarely at institutional clients.
Key Points:
Background:
Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.
Why It Matters:
This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.