State Street Bank has become the first third-party custodian to integrate JPMorgan Chase's Digital Debt Services, enhancing its blockchain-based debt securities custody offerings. This collaboration allows State Street to provide institutional clients with advanced services for the issuance, settlement, and lifecycle management of bonds via the Kinexys digital asset platform. The platform enables precise T+0 settlement and automated operations, marking a significant advancement in the short-term debt market. The inaugural transaction involved State Street Investment Management purchasing $100 million in commercial paper, underscoring the potential for blockchain technology to modernize financial markets.