State Street and Galaxy Digital launched the SWEEP token fund in early 2026.
The fund uses the stablecoin PYUSD to enable liquidity on-chain 24/7.
Solana's blockchain technology ensures fast, low-cost transactions and complete transparency.
Investors gain faster access to private markets and more global opportunities.
State Street and Galaxy Digital are collaborating to launch a new tokenized private liquidity fund named SWEEP. The fund will use the PYUSD stablecoin pegged to the U.S. dollar to provide on-chain liquidity 24/7, allowing for faster trade execution, increased accessibility, and facilitating investor participation. It is expected to launch on the Solana blockchain in early 2026.
Bringing private markets into the digital world $SOL
Private assets, such as venture capital or private equity, take a long time to trade. Therefore, investors often wait days or weeks to complete purchases or sales. However, SWEEP changes this reality by tokenizing private assets, allowing investors to trade shares digitally at any time. This makes private markets faster, more transparent, and easier to access.
A spokesperson for Galaxy Digital said: 'A project like SWEEP represents a major step for private markets, adding efficiency and openness to assets that have been difficult to trade in the past.'
How the fund works
The tokenized SWEEP fund will use PYUSD to represent ownership in the fund, enabling investors to buy, sell, or convert shares directly via the blockchain. Solana ensures transactions are executed quickly and at low cost, allowing investors to move their assets anytime, even outside traditional business hours.
Additionally, blockchain technology records all transactions clearly, enhancing investor confidence through transparency and accountability.
Trusted partners and a strong security framework $SOL
State Street, as one of the leading custodians and asset managers, provides institutional credibility to the project. Galaxy Digital contributes its expertise in blockchain and digital assets. Together, the two aim to make the fund secure, reliable, and fully compliant with U.S. laws.
The fund will also undergo regular audits, ensuring that investors can trust the system while benefiting from modern blockchain advantages.
Benefits of the tokenized SWEEP fund
SWEEP offers a range of benefits:
Access anytime: Trade private assets 24/7.
Clear records: The blockchain keeps all trades traceable.
Faster settlements: Tokenization reduces delays and paperwork.
Global participation: Investors from anywhere can join.
Tokenized SWEEP Fund: A new era for on-chain liquidity $SOL
SWEEP could change the way private markets operate. It combines the reliability of traditional finance with the speed and transparency of blockchain. By launching on Solana and using PYUSD, the fund could set a new standard for institutional investors.
Investors and analysts will closely monitor how SWEEP combines traditional finance with on-chain liquidity in 2026, opening up new horizons in private markets.
#BinanceSquare #BinanceSquareFamily #BinancehodlerSOMI #GalaxyDigitalNews #NewsAboutCrypto
