State Street Bank will launch encryption service By Cointelegraph for private fund clients

Major U.S. financial services and bank holding companies Road Fu Street Corporation (NYSE:) is expanding its push to the cryptocurrency industry by launching new digital asset services.

State Street Bank is the second oldest operating bank in the United States. Announce On Thursday, it will provide digital and encrypted asset management services to the company’s private equity clients. The bank will enable its private equity fund clients to use a set of institutional-level mid- and back-office products that support a diversified investment portfolio, including encryption-related functions such as collection, standardization, reporting, processing, and reconciliation.