State Street launched an institutional digital asset platform designed to help clients create tokenized money market funds, tokenized ETFs, and products such as tokenized deposits and stablecoins.
The bank said the platform also supports digital asset custody and tokenization services for institutions.
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State Street said the platform aims to connect traditional assets to blockchain systems through tokenization.
It positioned the launch as infrastructure for firms that want to issue and manage tokenized products.’
“By pairing blockchain connectivity with robust controls and global servicing expertise, we’re enabling institutions to confidently embrace tokenization as part of their core strategy,”
said Joerg Ambrosius, State Street president of investment services.
State Street tokenization platform builds tokenized money market funds and tokenized ETFs
The State Street crypto platform focuses on building and servicing tokenized versions of common institutional products.
State Street said clients can use it to build tokenized money market funds and tokenized ETFs, along with on chain cash products.
State Street also said the platform supports tokenized deposits and stablecoins.
These products aim to represent cash like value on blockchain networks, while keeping traditional controls around issuance and servicing.
The platform will provide institutions with tokenization services, digital asset custody, and access to a range of digital assets. State Street framed the offering as a single stack for product creation and safekeeping.
State Street tokenization work expands after a Solana fund with Galaxy and Ondo
State Street has increased its tokenization work in recent years. The momentum grew through 2025, based on the company’s public comments in the announcement.
In December, State Street teamed up with Galaxy Asset Management and Ondo Finance on a tokenized fund on Solana. State Street linked that effort to cash management activity on blockchain networks.
State Street said the aim was to move cash sweep balances onto blockchains. It also said the structure targets 24/7 liquidity, which means continuous access rather than market hour limits.
Tokenized deposits and stablecoins draw more banks and asset managers into tokenization
State Street’s launch comes as more traditional firms roll out tokenized products. The report referenced Fidelity, Franklin Templeton, and JPMorgan as firms that have launched tokenized money market funds.
The report also pointed to broader crypto linked products from large managers. It cited BlackRock among firms that have launched crypto tied ETFs.
Tokenization also drew comments about regulation and adoption timing. The report cited crypto banking group Sygnum, which said tokenization could reach the mainstream in 2026 as clearer US regulations roll out.
State Street assets under management highlight the scale behind tokenization plans
State Street reported $5.4 trillion of assets under management. That figure matters because tokenized products often start with large pools of institutional capital and established fund operations.
The bank said tokenization has become a priority for traditional finance firms that want to test blockchain based product structures. Supporters argue tokenization can improve liquidity, while issuers focus on controls and servicing.
State Street’s statement kept the focus on product building and infrastructure. It linked the platform to custody, servicing expertise, and the ability to support tokenized fund and cash products for institutional clients.
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Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: January 16, 2026 • 🕓 Last updated: January 16, 2026
