Digital Asset Services
Digital assets, like cryptocurrencies and tokenized assets, are fast taking their place alongside traditional assets. As the financial industry is transforming into a digital economy with decentralized finance, investors are faced with challenges to integrate digital assets into their existing investment management systems.
State Street DigitalSM provides an integrated business and operating model to support your entire digital investment lifecycle, including pre-trade, trade and post-trade. Our solutions combine advanced trading platform technology with investment servicing expertise and proprietary market research and insights, enabling you to make informed investment decisions.
Through State Street Digital,SM we can provide a range of custody, fund administration, collateral management, tokenization and payment tools to help you achieve your growth goals. Our focus is on distributed ledger technology, crypto, central bank digital currency, blockchain and tokenization.
As an integral component of State Street Digital,SM our proprietary GlobalLink technology platform is being transformed into a multi-asset platform supporting a wide range of digital assets. This offers new liquidity venues, enabling you to confidently tap into the growing decentralized economy.
Digital asset services
Our digital asset network provides you with a seamless experience for both traditional and digital assets, enabling you to store digital assets, starting with bitcoin and ether, in a segregated safekeeping account.
We are a founding member of Fnality International, a wholesale payment solutions group providing a digital cash asset, backed by central bank deposits. Our work with Fnality and with central banks on their Central Bank Digital Currency (CBDC) projects will help build the institutional cash payment infrastructure structure of the future.
We have invested in Securrency and created a range of tokenization solutions including:
We use our e-trading experience to build a cryptocurrency trading infrastructure that is scalable, resilient, secure and enables capital-efficient trading. Our Foreign Exchange (FX) trading software platform, Currenex®, is a leading provider of technology and FX liquidity, helping you navigate the institutional cryptocurrency markets effectively. Currenex provides the infrastructure for Pure Digital, a United Kingdom-based over-the-counter crypto trading platform for institutional investors, and offers your digital asset trading operations FX liquidity that is on par with traditional markets.
We are committed to developing and offering technologies for digital asset custody that complement our services while meeting the mandatory operational requirements, managing risk and compliance procedures.
We have actively developed our digital assets functionality for years and have invested significantly in peer-to-peer financing, decarbonization and electronic trading. With our integrated, proprietary platform, State Street Digital,SM we aim to bridge the digital divide. Our solution is built on a strong foundation of digital expertise that supports your entire investment lifecycle end-to-end.
Why Crypto Is Just the Start of the Digital Transformation of Finance
Our experts explain how cryptocurrency is an important development, but it is just the beginning as blockchain technology looks to transform digitization of any financial asset.
Transforming to a Digital Economy
We examine how digitization of the economy is driving rapid technological development across the investment industry.
The development, release and timing of any product, features or functionality described remain at the sole discretion of State Street and are subject to the firm’s internal governance and due diligence approval process.