State Street Investment Management launched a dedicated money market fund for stablecoin issuers on June 8, 2026, becoming the fourth major financial institution to target one of Wall Street’s fastest-growing reserve management niches. Fund Basics The State Street Stablecoin Reserves Money Market Fund operates under SEC Rule 2a-7 and holds only assets eligible under the […]
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State Street Corp., a massive Boston-based custody bank overseeing more than $4 trillion in assets, is stepping further into digital assets with plans to roll out a suite of tokenized financial products aimed squarely at institutional clients. State Street Joins Tokenization Drive as Custody Banks Eye Digital Assets According to a Bloomberg report, State Street […]
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A major asset manager’s survey reveals that nearly 60% of institutional investors plan to increase their allocations to bitcoin and other cryptocurrencies in the coming year, signaling a deepening embrace of digital assets. Tokenization Drives Crypto Boom, Per State Street Outlook State Street Corporation, overseeing $5.1 trillion in assets under management, released its “2025 Digital […]
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This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.
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Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies and adapt to the evolving digital asset space, offering investors exposure to cutting-edge technology trends through […]
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The funds aim to capitalize on Web3 by tracking a mix of stocks, spot cryptocurrencies, and futures.
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Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive digital platform, including tokenization and digital custody, expanding State Street’s existing capabilities in fund administration. State Street Partners With Taurus to Expand Digital Asset Services […]
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The firm revealed it has “$44.3 trillion in assets under custody and/or administration and $4.4 trillion in assets under management.”
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The global asset manager may be on its way to the forefront of settlement technology.
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