State Street Embraces Blockchain for Bond Transactions State Street is now leveraging JPMorgan's innovative blockchain-based Digital Debt Service for bond issuance and settlement. This move positions State Street at the forefront of digital asset servicing. JPMorgan's Kinnex Platform Facilitates Digital Custody State Street acts as a custodian for OCBC Bank's corporate paper transactions in Singapore, managing bonds within a digital wallet powered by JPMorgan's Kinnex blockchain payment system. This enhances efficiency and transparency in bond management. Streamlining Bond Management with Blockchain Technology This adoption marks a significant step towards modernizing bond trading and custody, potentially reducing settlement times and improving operational efficiency through the application of blockchain technology in traditional financial markets. The collaboration highlights the growing acceptance of blockchain solutions within the financial industry. ```
