Jay Biancamano has left State Street after more than six years with the company.
During his tenure, Biancamano was a managing director and head of tokenisation at State Street Digital.
Biancamano has more than 20 years of industry experience, serving as senior vice president and head of business development for the Americas at software development firm Fidessa before joining State Street.
He spent more than two years as an adjunct professor of business at The College of New Jersey with a focus on blockchain, and is currently a member of Rutgers University’s Center for Innovation board, which aims to teach students how to discover and exploit patterns in data.
Commenting on his departure via LinkedIn, Biancamano says: “When I began at State Street in 2017, tokenisation as a business wasn't even part of the vernacular and digital custody beyond crypto wasn't even contemplated.
“We championed these ideas and while we were never able to see them through to completion, we have seen these ideas come to fruition at other firms, as well as at our clients, and I feel part of that is due to our leadership and vision.
“For the first time in a long time, I am invigorated and look forward to seeing what the future holds.”
