State Street Joins JPMorgan’s Tokenized Debt Platform, Becoming First Third-Party Custodian

State Street has become the first third-party custodian to partner with JPMorgan’s tokenized debt platform, offering institutional investors access to blockchain-based debt securities. This landmark move signifies growing adoption of blockchain technology and tokenization in traditional finance. State Street now holds these digital assets on behalf of clients through JPMorgan’s platform.