Crypto News: State Street Becomes First Third-Party Custodian on JPMorgan’s Tokenized Debt Platform

State Street has become the first third-party custodian to join JPMorgan’s tokenized debt platform, enabling it to custody blockchain-based debt securities for institutional clients. Key HighlightsState Street’s Role:As a custodian bank and asset manager with over $49 trillion in assets under custody and $5. 1 trillion in assets under management, State Street now holds blockchain-based debt securities on behalf of investors via JPMorgan’s platform. JPMorgan’s Digital Debt Service:This platform facilitates trading and settlement of tokenized debt instruments—securities issued on blockchain representing government or corporate bonds source: https://www.binance.com/en/square/post/28632503195361?utm_source=BinanceNewsRSS