State Street Investment Management and Galaxy Asset Management announced the forthcoming launch of the State Street Investment Management, an affiliate of Galaxy Digital Inc. announced the forthcoming launch of the state Street Investment Management, a tokenized private liquidity fund that will unlock the potential for 24/7 onchain liquidity by utilizing PYUSD stablecoins for subscriptions and redemptions, subject to availability from the fund's portfolio. SWEEP will be available to Qualified Purchasers that meet certain eligibility criteria and minimum investment amounts. Ondo Finance is anticipated to seed the fund with approximately $200 million.
SWEEP will be powered by Galaxy's Digital Infrastructure which will provide the tokenization technology and secure digital infrastructure that powers the issuance and management of SWEEP tokens.


















