State Street and Gemini: Launch Digital Asset Pilot
- State Street Corporation one of the world’s leading providers of financial services to institutional investors including investment servicing
- Gemini a cryptocurrency exchange and custodian that allows customers to buy, sell, and store cryptocurrencies like bitcoin
- The pilot builds on ongoing research and also development in the digital asset space to combine Gemini Custody
- The first of its kind, this pilot performs reporting scenarios on a user’s holdings within Gemini Custody
- The digital asset space is still nascent, yet it promises opportunities that could fundamentally impact
- Given State Street’s leadership position in asset servicing also this project felt like a natural extension of those services