World’s largest custody service provider with over $4.1 trillion in assets State Street Corporation, Digital division of the bank State Street Digital’s London-based institutional digital asset provider copper.co announced that it has signed an agreement with
In this context, at the end of February, State Street Corporation, bitcoin and other cryptocurrencies announced that it was preparing to start a custody service for
State Street Digital said that the partnership in question was the bank’s to corporate customers plans to present by the end of the year bitcoin and other cryptocurrencies Stating that it was made within the scope of custody services for
“State Street Digital will leverage Copper.co’s technology to develop and launch an enterprise-grade digital asset custody offering where customers can store and place their digital assets in a secure environment operated by State Street.” said.
“Corporate Investors’ Interest in Digital Asset Continues!”
Making a statement on the subject, State Street Digital President Nadine Chakar said:
“Institutional investors to digital assets As interest continues to grow, we are building the financial infrastructure needed to support our clients’ allocations to this new asset class.
State Street Digital’s mission is to provide our customers with both traditional anddigital asset continues to focus on placing the right tools so that we can offer solutions that support their needs.
Today’s partnership announcement will only increase our ambition to deliver a great digital experience to our customers. We look forward to collaborating with the Copper team as State Street Digital continues to grow.”
“State Street’s Digital Asset Service is a Significant Development for the Industry!”
Sabrina Wilson, COO of Copper.co, stated that they were happy with the agreement they made with State Street and continued:
“State Street, one of the world’s largest custody service providers, has a new digital asset service This is an extremely important development for corporate participation in this new asset class.
We are proud to be part of State Street’s mission to lead the transformation of financial infrastructure.”
State Street Digital head of digital storage Swen Werner in the digital asset market He added that the collaboration with ‘Copper.co’ will help the bank expand its product range and roadmap.