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State Street going ‘super gung-ho’ on tokenisation but crypto ‘not on the cards’
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State Street’s digital assets arm has “no plans” to trade crypto any time soon, but is instead focusing the vast majority of its efforts on bringing existing trades onto the blockchain, according to the unit’s global chief Nadine Chakar.
The world’s largest custodian bank is going “super gung-ho” on the process known as tokenisation, Chakar told Financial News a little over a year after setting the department up.
Chakar...
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