Northern Trust: New Blockchain Offerings for Private Equity, Crypto Hedge Funds

[kreslik.news]

Delaware-based financial services firm Northern Trust has taken steps to expand the role that blockchain and cryptocurrencies play in its operations, according to Forbes. The 129-year-old company’s foray into the new technology represents one of the most significant steps by a major financial institution into blockchain to date.

The company, which manages nearly $10.7 trillion in assets, has added blockchain services for managing its private equity workflow. Additionally, the company has reportedly begun offering its fund administration services to a small number of cryptocurrency hedge funds.

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[size=180]Northern Trust has DEveloped Auditing Services Specifically ... (read more)