Episode 8 of Season 2 of The Scoop was recorded at The Block offices with Frank Chaparro and Jay Biancamano, Managing Director at State Street. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Play, Stitcher, or wherever you listen to podcasts. Email feedback and revision requests to [email protected]
Leading the crypto charge at custodian bank giant State Street is Jay Biancamano, managing Director of digital product development and innovation at the firm.
Its most notable foray to date: a partnership with crypto exchange Gemini on trade reporting. And the bank has previously indicated that it is working on a series of proofs-of-concept related to the technology.
Biancamano’s finger is on the pulse of all things market structure, having worked at trading technology firms like ITG, Liquidnet, and Fidessa.
Thus, he has seen the shift to electronic trading take place in U.S. equities. In this episode of The Scoop, Biancamano and The Block’s Frank Chaparro explore how the digitization of assets will transform the trading landscape.
In this episode, we look at:
- State Street’s partnership with Gemini
- The five key trends to watch as markets shift from electronic to digital
- The relevance of the Morgan Stanley/E*Trade deal to the crypto market
- Why stocks won’t be tokenized as soon as some pundits might think.