State Street Bank will launch cryptocurrency custody services in 2026

ChainCatcher news, according to Ledger Insights, State Street plans to launch cryptocurrency custody services next year. Last year, State Street collaborated with Taurus to develop custody technology. A survey conducted by State Street in the middle of last year showed that clients have a strong interest in digital asset custody— including tokenization and cryptocurrencies, but with a greater interest in cryptocurrencies.

It is reported that State Street's assets under custody (AUC) amount to $46.6 trillion, making it the second-largest custodian in the world.