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State Street to collaborate with Copper.co as it looks to launch ‘institutional grade’ digital asset custody offering

State Street to collaborate with Copper.co as it looks to launch 'institutional grade' digital asset custody offering

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Shares of State Street Corp. STT, +4.36% surged 5.3% in morning trading Wednesday, after the provider of banking and trust services announced a collaboration with U.K.-based Copper.co as it looks to launch an “institutional grade” digital custody offering. State Street said clients will be able to store and settle digital assets within a secure environment, as the bank assists its institutional clients to transition to and thrive in the digital economy.

...read full article on Market Watch

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