A wholesale move to distributed ledger technology (DLT) for the securities industry would be “a massive undertaking” that would be far more difficult than the move to shorter T+1 settlement, says Nadine Chakar, managing director and global head of DTCC Digital Assets. Chakar also pointed out that the DTCC as a financial market infrastructure (FMI)… Read More >>
‘State Street Digital’ to Offer Crypto Asset Services
Nadine Chakar Tapped to Head New Division The financing of digital assets will be a key focus for a new division of custodian State Street Corp. The just-launched State Street Digital is tasked with building upon the firm’s current digital capabilities, and then expanding into cryptocurrencies, central bank digital currency, blockchain, and tokenization, officials say…. Read More >>
