State Street launches digital asset platform for institutions

State Street unveils a digital asset platform for tokenized funds, ETFs, deposits, and stablecoins, integrating custody and wallet services for institutional clients.

State Street has introduced a digital asset platform tailored for institutional clients, supporting a broad range of tokenized products such as money market funds, ETFs, deposits, and stablecoins. The platform integrates wallet management, custody, and cash services, enabling clients to access tokenized instruments through a single provider. Designed to operate across both private and public permissioned blockchain networks, the infrastructure emphasizes controlled access and regulatory compliance. This unified approach reduces the need for separate technology stacks for each blockchain project. State Street positions this initiative as a bridge between traditional finance and digital asset markets, responding to growing institutional demand for tokenized assets. The company’s strong regulatory and security background is expected to foster trust as it expands its digital asset strategy.