State Street Bank announces restructuring of digital asset team, plans to provide cryptocurrency custody services

Odaily News Boston-based State Street Corp. announced the reorganization of its digital asset team. Its digital asset department has begun recruiting, less than six months after the department laid off employees. It is reported that the bank plans to provide cryptocurrency custody services. This move reflects State Street's growing confidence in the digital asset market, and that cryptocurrencies and tokenized assets will be more integrated into the financial system. (The Information)