Let $M_{*}({\bf C})$ denote the C$^{*}$-algebra defined as the direct sum of all matrix algebras $\{M_{n}({\bf C}):n\geq 1\}$. It is known that $M_{*}({\bf C})$ has a non-cocommutative comultiplication $��_��$. We show that the C$^{*}$-bialgebra $(M_{*}({\bf C}),��_��)$ has a universal $R$-matrix $R$ such that the quasi-cocommutative C$^{*}$-bialgebra $(M_{*}({\bf C}),��_��,R)$ is triangular.

19 pages