State Street Corporation To Offer Custodial Services For Bitcoin And Crypto Today

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  • State Street, the largest asset custodian in the world, plans to launch a custodial service for bitcoin and other digital assets.
  • Globally Systemically Important Financial Institution (G-SIFI) State Street has regulatory hurdles.
  • VP and head of State Street digital says market will “take comfort” from largest custodian in the world offering digital custody of assets

State Street Corporation, an institutional asset manager with over $4.1 trillion in assets, intends to provide custodial services for bitcoin and other cryptocurrencies, according to an interview given to Bloomburg.

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