#TopContentChallenge#
State Street becomes first custodian on JPMorgan tokenized debt platform
State Street, an asset manager and custodian bank serving institutional clients, has joined financial services company JPMorgan’s tokenized debt platform as its first third-party custodian, allowing it to hold blockchain-based debt securities on behalf of investors.
JP Morgan’s Digital Debt Service platform allows institutional clients to trade and settle tokenized debt instruments, which are securities issued on a blockchain that represent government or corporate bonds.
The asset manager purchased $100 million in tokenized commercial debt from the Oversea-Chinese Banking Corporation (OCBC), one of the oldest banks in Southeast Asia, in the platform’s inaugural transaction, according to Thursday’s announcement.
State Street, founded in 1792, is one of the “Big Three” asset managers, alongside BlackRock and Vanguard, with over $49 trillion in assets under custody, and an additional $5.1 trillion in assets under management.
The asset manager extending custody services to tokenized real-world assets (RWAs) showcases the growth of the emerging sector and signals a milestone as more established financial institutions interact with the digital economy.
JP Morgan leans into tokenized RWAs as sector records triple-digit growth
JP Morgan launched Onyx, a suite of blockchain-based services and technologies, in 2020. It rebranded the project to Kinexys, its RWA tokenization platform, in 2024.
Oracle provider Chainlink announced a partnership with Kinexys in May to help develop payment infrastructure for settling tokenized RWA transactions between financial institutions.
In June, Kinexys, Chainlink and RWA platform Ondo Finance completed a crosschain transfer of Ondo’s OUSG tokenized Short-Term US Treasurys Fund in June, moving the digital asset between Ondo’s layer-1 testnet to the Kinexys permissioned chain.
Chainlink founder Sergey Nazarov told Cointelegraph that tokenizing assets onchain increases capital velocity in the economy and also bolsters the entire crypto ecosystem by locking value onchain.

#打榜优质内容#
When the Federal Reserve also "wants a taste," the main table of the crypto market has arrived!
Imagine this: The Federal Reserve used to act like a parent, constantly warning the children "Don't touch those dangerous coins," but today suddenly says, "It's okay to take a taste." The underlying logic is that when a ban cannot completely prohibit, reasonable regulation is actually a better solution.
Bowman's statement appears to be a tolerance towards internal employee rules, but the deeper meaning is more significant — regulators are beginning to acknowledge that cryptocurrencies have attained a certain legitimacy as assets. Otherwise, why allow even "a little bit"?
It's like when adults originally forbade children from touching alcohol at a dinner party, but today they say "try a small cup". Isn't this a kind of entry signal? When even Federal Reserve staff can have a little fun, it means that crypto is no longer a "taboo in the financial circle."
What the market should understand more is that the loosening of institutional frameworks is often the seed of a trend reversal. It may not immediately lead to a surge in the market, but it will gradually change the narrative landscape.
When Wall Street says "compliance configuration of digital assets," remember Bowman's understated remark today.

Bitcoin’s short-term holders are selling at a loss for the first time since January, signaling either a reset or weakening momentum.#Institutions Hold 10M+ ETH# #Show My Alpha Points# #MicroStrategy Loosens Stock Rules#

#PUBLIC创作大赛# Gate Launchpool opens the 297th period of Launchpool: PublicAI (PUBLIC). Users can stake ETH and PUBLIC to share 1,750,000 PUBLIC tokens for free, receiving airdrop rewards every hour.
PUBLIC
PublicAI is building a human layer of artificial intelligence using a gig economy model. It is powered by a global workforce contributing data to train better AI models. For example, the ongoing "native language" initiative is collecting audio samples in 40 languages for a translation client. PublicAI has attracted 3 million contributors, with reward funding sourced from over $14 million in actual client revenue. PublicAI is addressing the AI data shortage crisis while creating equal job opportunities in the AI era.
PublicAI main features and advantages
Traditional AI data collection faces challenges in quality control, global accessibility, and fair compensation. PublicAI addresses these challenges:
1 Experienced leadership team: Founded by AI PhDs and blockchain experts with experience from Alibaba, Google, and the NEAR Foundation, combining technical knowledge with Web3 expertise.
2 Strong financial support: Raised $10 million from the NEAR Foundation, YGG, Foresight Ventures, and Saudi Telecom Group, with support from the Stanford Blockchain Accelerator.
3. Large User Base: Has attracted over 1.2 million verified contributors, demonstrating market adoption and community engagement.
4 MIT recognized: Won the "Beyond Borders AI Entrepreneurship Competition" at the 2025 MIT Saudi Business Conference, gaining additional government partnerships.
5 Quality Control: Skill validation, on-chain staking, and staking reduction mechanisms ensure high data quality and complete transparency.
6 Global Access: Web3 infrastructure eliminates geographical and banking barriers, enabling global participation through instant cryptocurrency payments.
7 Multi-platform support: DataHub and Data Hunter extend support for comprehensive data types across network and browser environments.
PublicAI democratizes AI data collection through blockchain-driven incentives, global talent access, and quality control, making AI development more accessible and trustworthy.
Stake to earn coins, let's get started! The earlier you participate, the earlier you earn, the earlier you benefit 🔥🔥🔥✌🏻✌🏻✌🏻