State Street launches digital asset platform, venturing into tokenized deposits and stablecoins

2026-01-16 01:27:53

Source: TokenPost Original Title: State Street Launches Digital Asset Platform…Entering Tokenized Deposits and Stablecoins Original Link: https://www.tokenpost.kr/news/breaking/324042 According to media reports, major US custodian bank State Street has launched a digital asset platform for handling tokenized money market funds, ETFs, stablecoins, and deposit products. The platform is built on the foundation of the asset management division and partner institutions, marking the company’s move from traditional back-office (post-trade) services to direct asset issuance.

State Street previously collaborated with Galaxy Digital to issue tokenized funds and is currently considering offering crypto asset custody services. This move is seen as another significant example of traditional financial institutions making large-scale entry into the digital asset market.

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