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0 3.19938571793925E-05 3.19938571793925E-05 -0.00147139749168161 0.000703864857947361 0.000767852572306146 0.000521499872024606 0.000159969285897144
Stock impact report

State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
On Thursday, the bank officially launched its Digital Asset Platform, a secure infrastructure designed to support tokenized money market funds (MMFs), exchange-traded funds (ETFs), cash products, and stablecoins. The platform includes wallet management, custodial services, and digital cash capabilities, and is designed to operate across both public and permissioned blockchains. Speaking on the company's fourth-quarter earnings call on Friday, CEO Ronald O'Hanley said the financial system is entering a new phase of digitalization, and that State Street intends to be at the center of it. That shift, he stressed, isn't about cryptocurrencies like bitcoin (BTC), but about reengineering traditional financial assets like money market funds and cash; rather, it's about putting them into blockchain to enable them to move more efficiently across new infrastructure. “We are strategically positioning State Street to be the bridge between traditional and digital finance and the connection po Show less Read more
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