State Street to launch tokenized fund servicing from Luxembourg by year’s end
Summary
State Street has announced plans to introduce tokenized fund servicing via its Digital Asset Platform by the end of 2026. Based in Luxembourg, this initiative aims to support both tokenized and traditional investment vehicles within a unified institutional operating model. By providing services such as custody and administration for blockchain-based funds, State Street intends to leverage its existing infrastructure to bridge the gap between legacy systems and digital asset ecosystems, pending regulatory approval.
(Source:The Block)