Golden Finance reports that State Street and Galaxy Asset Management announced the launch of the tokenized liquidity fund SWEEP on Solana in early 2026, providing qualified institutions with 24/7 on-chain liquidity management.
The fund will use PayPal’s stablecoin PYUSD as the subscription and redemption tool, with Ondo Finance committing approximately $200 million as initial capital. After its launch on SWEEP, the platform will expand to Stellar and Ethereum, utilizing Chainlink technology for cross-chain data and asset processing.
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