Hello and welcome to 2024’s final edition of the State Street Digital Digest. This has been an important year for digital assets, with the financial services industry making major strides toward demonstrating that de-fi investments aren’t just for proofs-of-concept and sandboxes, but actually can become part of the mainstream investment ecosystem.
Not least among this year’s developments was our service agreement with tokenization services provider, Taurus, to offer smart contract generation and maintenance, blockchain management and, regulators permitting, digital asset custody.
In this edition of the Digest, we explore details of the Taurus partnership in a conversation with Vassili Lavrov, head of Product at Taurus, and Zahid Mustafa, head of Digital Asset Custody at State Street. Vassili and Zahid discuss the relationship between the worlds of financial services infrastructure and emerging technology, and how the two can collaborate to create a truly global de-fi investment industry.
With so much happening in the digital space over the past 12 months, year-end is the ideal time to take stock and reflect on all the use cases and developments in tokenization to date, across capital markets asset classes, cash and crypto. In an article by State Street Global Advisors’ head of Macro Policy Research, Eliot Hentov, we consider the overall utility and anticipated pace of future development for each case.
We continue our commitment to keeping you up-to-date with the latest regulatory developments in the fast-moving world of emerging technology. Following our previous edition’s GenAI special, this time we explore trends in the regulation of different types of digital money with our head of Legal for Digital Services, Justin McCormack.
And finally, with the end of 2024 nearly upon us, I wish you all a Happy New Year and a prosperous 2025. I’m excited to see what developments the coming year will bring to the digital asset landscape, and look forward to sharing more with you.
