State Street Becomes First Third-Party Custodian to Launch on J.P. Morganās Digital Debt Service, Bringing Blockchain-Based Debt Securities Custody to Institutional Clients
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that it has become the first third-party custodian to launch on J.P. Morganās Digital Debt Service, marking a significa...
What regulatory, technology integration, or adoption risks could affect the rollout of blockchainābased debt securities custody and influence State Street's stock price?
What competitive advantage does being the first thirdāparty custodian on this platform give State Street versus peers like BNY Mellon or Northern Trust, and could it shift market share in blockchainābased debt custody?
How will State Street's partnership with J.P. Morgan's Digital Debt Service translate into incremental revenue and margin expansion for the company?
Symbol:
STT
11 days ago