U.S. stocks rebound from decline, State Street Bank accelerates the deployment of tokenized assets and stablecoins

robot
Abstract generation in progress

【Crypto World】U.S. stocks seem to be brewing a rebound. The semiconductor sector has strengthened on the outlook for TSMC, and strong earnings reports from Goldman Sachs and Morgan Stanley have also supported bank stocks. However, the healthcare sector is under considerable pressure, as delays in FDA reviews for several blockbuster drugs have put these companies’ stock prices under pressure.

What’s more eye-catching is the new move by State Street Bank. This traditional financial giant is preparing to launch products related to cryptocurrencies and tokenized assets, including tokenized deposits and stablecoins. This move sends a signal — traditional financial institutions are quietly changing their attitude towards blockchain assets. From the perspective of compliant product design, the tokenized asset track is attracting more and more institutional players to enter.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MerkleTreeHuggervip
· 23h ago
Daiwa's recent moves are truly full of signals; traditional finance is starting to seriously engage in tokenization, not just testing the waters.
View OriginalReply0
faded_wojak.ethvip
· 23h ago
Daiwa's move this time is really a signal of a shift. Traditional finance that once looked down on on-chain assets is now starting to engage in tokenization.
View OriginalReply0
CryptoNomicsvip
· 23h ago
tbh the tokenization play is just institutions realizing they've been leaving alpha on the table. state street moving in is statistically significant—when legacy finance finally understands correlation matrices between traditional and on-chain assets, the game shifts. most retail traders still don't grasp the endogenous factors here, ngl
Reply0
AirdropChaservip
· 23h ago
Dodge & Cox has truly entered the market now. The previously cautious traditional finance players can finally no longer sit still, haha. Traditional financial giants are creating stablecoins, and this is just the beginning of the tokenized asset story. FDA is holding back medical stocks, which feels absurd, but bank stocks are actually stable—interesting. Once the compliance pathway is clear and institutions start entering, our sector is likely to take off. Dodge & Cox is in front; other major banks won't be far behind. Just wait and see.
View OriginalReply0
BearMarketMonkvip
· 23h ago
Daiwa's move this time is nothing more than putting a new label on an old bottle. It looks like a shift, but it's still the same survival logic—institutions have to follow the trend to appear as if they haven't fallen behind. True innovation has long been happening in the small towns.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)