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The second largest U.S. bank, State Steet, intends to provide banks with infrastructure for the cryptocurrency trading platform. This has led to speculation that the bank may engage in cryptocurrency trading in the coming months.
State Street, which provides infrastructure for the cryptocurrency trading platform..
This information appeared on April 8, when Currenex, a subsidiary of State Street, worked with the London-based firm Pure Digital to create an institutional platform for trading in digital currency. The trading platform is part of a partnership between the two digital currency space research firms. The trading platform, which is expected to launch later this year, will offer institutions a regulated environment for cryptocurrency trading.