1 hour ago
State Street and Galaxy Launch SWEEP Tokenized Fund for 24/7 Onchain Cash Management
FintechBlockchain FinanceGalaxy Asset ManagementOnchain Cash ManagementSolanastablecoin yieldState StreetSWEEP FundTokenized Fund
TLDR: State Street and Galaxy launched SWEEP, a tokenized fund for institutional onchain cash management running 24/7. SWEEP allows qualified investors to earn yield on stablecoins with continuous liquidity on blockchain infrastructure. The fund launches on Solana and will expand to Ethereum and Stellar, offering a flexible multi-chain approach. Access remains limited to institutional investors [...]
The post State Street and Galaxy Launch SWEEP Tokenized Fund for 24/7 Onchain Cash Management appeared first on Blockonomi.
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