Platform Overview and Capabilities
State Street has unveiled a new institutional digital asset platform designed to help businesses bridge traditional finance with crypto through tokenization and blockchain-based products. Announced on Thursday, the platform will enable institutions to tokenize traditional assets and launch crypto-related offerings, including tokenized money market funds, exchange-traded fund (ETF) products, tokenized deposits, and stablecoins. The move signals a growing commitment by one of the world’s largest asset managers to integrate blockchain technology into core financial services.
We are excited to launch our Digital Asset Platform, a secure, scalable infrastructure for tokenized assets strategically positioning State Street to be the bridge between traditional and digital finance and the connection point between digital asset platforms for its clients.… pic.twitter.com/8sK2aMwlYF
— State Street (@StateStreet) January 15, 2026
State Street, which oversees $5.4 trillion in assets under management, said the platform will also offer digital asset custody, blockchain connectivity, and access to a broad range of digital assets, giving institutions the infrastructure needed to operate securely in the evolving crypto market.
“By pairing blockchain connectivity with robust controls and global servicing expertise, we’re enabling institutions to confidently embrace tokenization as part of their core strategy,” said Joerg Ambrosius, president of investment services at State Street.
Tokenization Gains Momentum Across Traditional Finance
Tokenization has become a central focus for traditional financial institutions looking to modernize market infrastructure. Advocates argue that blockchain-based assets can improve liquidity, enable faster settlement, and unlock 24/7 financial markets.
Crypto-friendly bank Sygnum recently projected that tokenization could enter the mainstream by 2026, driven by clearer regulatory frameworks expected to roll out in the United States.
State Street has been steadily expanding its digital asset footprint over the past few years, with activity accelerating in 2025 as institutional interest in blockchain solutions grows.
Partnerships and Industry-Wide Adoption
In December, State Street partnered with Galaxy Asset Management and Ondo Finance to launch a tokenized fund on the Solana blockchain. The initiative aims to move cash sweep balances on-chain, creating a continuous, around-the-clock source of liquidity.
State Street’s move mirrors a broader industry trend. Asset management giants, including Fidelity, Franklin Templeton, and JPMorgan, have already introduced tokenized money market funds. At the same time, firms such as BlackRock have entered the space through crypto-linked exchange-traded funds.