According to ChainCatcher, according to CoinDesk, State Street Bank's Chief Product Officer Donna Milrod revealed that the bank is actively promoting tokenization projects for bonds and money market funds. Although there are no plans to create stablecoins or tokenized deposits, this possibility is not ruled out in the future. 📈

Milrod said that the two tokenization projects are expected to be completed in part of next year, with the goal of establishing tokenized collateral that traders can use as margin without liquidating assets. 💼

She also pointed out that tokenization not only improves operational efficiency, but also needs to have commercial value. By pledging tokens, it may be possible to effectively deal with "debt-driven" crises similar to 2022. 🔍