State Street launches GENIUS Act-aligned money market fund for stablecoin reserves
The launch comes amid growing competition among financial institutions to manage assets backing dollar-pegged stablecoins.
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State Street Enters Stablecoin Reserve Race, Joins Blackrock and Goldman With New Genius Act Fund
State Street Investment Management launched a dedicated money market fund for stablecoin issuers on June 8, 2026, becoming the fourth major financial institution to target one of Wall Street’s fastest-growing…
Report: Boston-Based TradFi Giant State Street to Roll out Tokenized Products
State Street Corp., a massive Boston-based custody bank overseeing more than $4 trillion in assets, is stepping further into digital assets with plans to roll out a suite of tokenized…
State Street Survey: 60% of Institutions Eye Bigger Bitcoin and Crypto Bets
A major asset manager’s survey reveals that nearly 60% of institutional investors plan to increase their allocations to bitcoin and other cryptocurrencies in the coming year, signaling a deepening embrace…
Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management.…
State Street Partners With Taurus to Boost Digital Asset Services
Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive…
State Street Partners With Galaxy Asset Management to Create New Crypto ETFs
State Street Global Advisors has partnered with Galaxy Asset Management to provide advanced digital asset-based strategies, expanding investor access to the digital asset ecosystem beyond cryptocurrencies and bitcoin. “We believe…
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here…
State Street: Institutional investors undeterred by crypto winter
A State Street exec says there is an institutional “belief that the asset class is here to stay” and to expect further product launches from traditional finance firms moving forward.