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What Links State Street to XRP, XLM, and HBAR

Picture: Times Tabloid

State Street is one of the world’s largest custodial banks. It manages trillions in assets. And it is quietly building a tokenization infrastructure that runs across three distinct blockchain networks. Notably, XRP, XLM and HBAR are in the picture. Crypto researcher SMQKE (@SMQKEDQG) published documentation connecting State Street to the XRP Ledger, Stellar’s XLM network, and Hedera’s HBAR network. The documentation comes from two sources. The first is a table detailing tokenized money market fund issuers and their blockchain selections. The second is a BCG analysis slide from October 2021 identifying State Street as a notable partner of Securrency.

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