“There is small, but growing demand from our clients for solutions of this type and many technical, operational, regulatory, and legal considerations to be addressed,” said Ralph Achkar, managing director of Digital Product Development and Innovation at State Street. “That is why we have opted for an open model, and started a pilot with Gemini as an established, regulated player in the digital asset space.”
This article was originally published by Coindesk.com. Read the original article here.