JPMorgan and State Street Team Up to Revolutionize the Debt Market

TLDR State Street has become the first third-party custodian for tokenized assets on JPMorgan’s blockchain platform The bank anchored a $100 million tokenized commercial paper issuance by OCBC State Street manages $49 trillion in assets under custody and is one of the “Big Three” asset managers The tokenized RWA market has grown 65% since early [...]

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