Hot news: State Street & Galaxy is about to launch a blockchain-based liquidity fund.
State Street and Galaxy Asset Management are planning to launch a crypto liquidity fund named SWEEP in early 2026, marking a significant step forward in the adoption of blockchain at the organizational level. This fund will:
- Accept stablecoin #PYUSD for registration and withdrawals.
- Initially launched on Solana, then expanded to Stellar and Ethereum.
- Using Chainlink for data transmission and asset transfer between chains.
- Received a seed investment of 200 million dollars from Ondo Finance.
This collaboration represents an increasing convergence between traditional finance and the cryptocurrency market. Looking at recent price volatility, SOL has traded in the range of 135-142 dollars, while LINK, XLM, and ETH have shown moderate volatility.
This development may positively impact these tokens as institutional adoption increases. If you are interested in accessing these assets before institutional integration, you can easily trade them on #Binance with competitive fees and advanced trading tools!
The content is for reference and discussion only, not investment advice.
