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Galaxy Digital and State Street Bank launch the tokenized cash management fund SWEEP on Solana

Galaxy Digital and State Street Bank launch the tokenized cash management fund SWEEP on Solana

金色财经金色财经2026/05/05 13:19
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```htmlJinse Finance reported that Galaxy Digital has announced the launch of a tokenized cash management fund, "State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP)", in collaboration with State Street Bank. This fund migrates cash management and yield products to blockchain networks, enabling 24/7 on-chain liquidity management. Initially, the fund is built on Solana and plans to expand to Ethereum and Stellar. Galaxy is responsible for the tokenization infrastructure, Anchorage Digital provides custody services, and State Street Bank manages the underlying traditional securities assets.```
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