Custody giant State Street expands crypto services in new partnership 

State Street has partnered with Swiss crypto company Taurus to offer new digital asset services, catering to the growing institutional demand for such investments. This partnership will allow State Street to hold clients’ crypto assets and help them create tokenized assets, such as funds and securities. With cryptocurrencies becoming more integrated into the financial system, institutions are showing increased interest in using them to hedge against inflation and diversify their portfolios. This development highlights the evolving landscape of digital assets in the financial industry.