🚀 Big news in the DeFi & Web3 world! 🌐 State Street, the Boston-based finance giant, is diving into stablecoins and tokenized deposits to settle transfers on blockchain! 🏦💸

1️⃣ They're exploring digital-cash consortiums and settlement options with Fnality International, a fintech firm they’ve invested in.

2️⃣ State Street Global Advisors teamed up with Galaxy to develop crypto trading products! 🚀

3️⃣ They’re also rebuilding their digital asset division to offer crypto custody services.

Traditional finance is embracing blockchain for efficiency and lower costs. What do you think? Comment below!👇 #DeFi #Web3 #Crypto