VANGUARD

State Street Digital, Vanguard and Symbiont Complete First Live Trade for Foreign Exchange Forward Contracts Leveraging Revolutionary Blockchain Technology and Smart Contracts

Retrieved on: 
Monday, December 6, 2021

"Our newly launched division, State Street Digital, was created to help drive innovation and address the industrys digital transformation.

Key Points: 
  • "Our newly launched division, State Street Digital, was created to help drive innovation and address the industrys digital transformation.
  • "Were excited to partner with State Street and Symbiont on the worlds first ever digital collateral-linked currency forward trade margining process.
  • Todays announcement marks a transformative time for financial services and signals the evolution of blockchain as the ideal technology solution for foreign exchange contracts.
  • With offices in New York and Amsterdam, Symbiont is led by a team of experts in capital markets and blockchain technology.