State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech

State Street, a $36 billion bank, is leveraging blockchain technology to transform traditional finance by enhancing efficiency and transparency in financial transactions. The bank is exploring the use of digital assets and decentralized finance (DeFi) to streamline operations and reduce costs. State Street's initiatives include partnerships with blockchain firms and investments in digital asset infrastructure. The bank aims to position itself as a leader in the evolving financial landscape, adapting to the growing demand for innovative financial solutions.

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