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State Street Corp. has created a division that will focus on digital finance, expanding the company’s current digital capabilities to include crypto, central bank digital currency, blockchain and tokenization, the company said in a statement.
The goal is to evolve the platform into a multi-asset platform to support crypto assets among other asset classes. The aim will also be to support our peer-to-peer ambitions by creating new liquidity platforms for our clients and investors around the world, CEO Ron OHanley said in a statement.
The division, State Street Digital, will be headed by Nadine Chakar, who currently heads global markets. She joined State Street in 2019 after leading operations and data management at Manulife Investment Management and eight years in various leadership roles at BNY Mellon.
Tony Bisegna, currently Global Head of Portfolio Solutions, Currency Sales and Trading, and Research for State Street, will take over Head of Global Markets effective September 1.
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