State Street Investment Management, Galaxy Digital Partner to Tokenize Private Liquidity Fund
Crowdfund Insider·2025-12-16 02:17

Group 1 - State Street Investment Management and Galaxy Asset Management are launching the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), a tokenized private liquidity fund aimed at providing 24/7 onchain liquidity using PYUSD stablecoins for subscriptions and redemptions [1] - The fund will be available to Qualified Purchasers with specific eligibility criteria and minimum investment amounts, and is expected to be seeded with approximately $200 million from Ondo Finance [1] - SWEEP is set to debut on the Solana blockchain in early 2026, with plans for future integrations on Stellar and Ethereum, leveraging Chainlink for cross-chain interoperability [1] Group 2 - State Street Investment Management has launched three actively managed ETFs focused on digital assets and disruptive technologies, sub-advised by Galaxy Digital Inc. [2] - The company manages over $5 trillion in assets, serving clients in over 60 countries, and aims to deliver comprehensive investment solutions [2] - Galaxy Digital Inc. provides institutional access to digital assets and data center infrastructure, with a significant presence in North America, including a 800 MW Helios campus in Texas [2]

State Street Investment Management, Galaxy Digital Partner to Tokenize Private Liquidity Fund - Reportify