State Street cements its Crypto plans

Nadine Chaker from State Street joins ausbiz as the bank announces a partnership with Lukka, a leading enterprise crypto asset data and software provider, State Street will support its private fund clients with collection, standardisation, enrichment, reconciliation, processing and reporting related to crypto and other digital assets. The partnership is State Street’s latest effort in the digital and crypto asset space following the launch of State Street Digital, a division focused on addressing the industry’s evolving shift to digital finance. Nadine says the growth in popularity of digital assets is showing no signs of a slowdown and State Street Digital is committed to continuing to build out the necessary infrastructure to further develop our digital assets servicing models to help meet our clients’ growing demands. She also discusses the future of regulation and government intervention as large traditional funds rapidly look to add crypto to their offerings.

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