Working in partnership with software provider Lukka, State Street will offer collection, reconciliation, processing and reporting related to crypto and other digital assets.
The financial data giant has launched its first three crypto index products.
"We have every millennial that works for us thinks we should have a major pricing, data services, software and participation," said CEO Lance Uggla.
Lukka is looking to go mainstream with a strategic investment from three stalwarts of traditional finance.
Financial data provider S&P Dow Jones Indices is launching a crypto asset index in 2021.
Lukka, one of the first accounting firms for digital assets, is offering tax preparation services to retail crypto investors starting on Jan. 15.
Lukka CEO and investor Jake Benson sees Libra's real value as a guinea pig that will allow regulators to test the limits of crypto.