Community Articles
via CoinDesk · By CoinDesk Staff
State Street and Galaxy (GLXY) launch tokenized fund to bring cash management onchain
ETH
ETH/USDT
$1,894.99
+0.77%
$1,894.99
+0.77%
(24s)24h Volume
$3,347,302,065.37
24h H/L
$1,897.29 / $1,869.17
Change: $28.12 (1.50%)
Long/Short
66.4%
Long: 66.4%Short: 33.6%
Funding Rate
+0.0054%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(01:07 PM UTC)
1 min read
The fund lets institutions earn yield on stablecoins while moving cash onchain with round-the-clock access.
State Street Investment Management and Galaxy Asset Management (GLXY) have launched a tokenized fund designed to move a core piece of finance — cash management — onto blockchain networks, the firms said Tuesday.
The State Street Galaxy Onchain Liquidity Sweep Fund, trading under the ticker…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments