There are two years from announcement to launch; this is the schedule for TradFi—slow but steady, and once it starts, it's hard to turn back.

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CryptoFrontier
State Street to Launch Tokenized Fund Servicing from Luxembourg by 2026
State Street announced Tuesday that it plans to launch tokenized fund servicing from Luxembourg by the end of 2026, according to the company's announcement on April 28, 2026. The service marks another step by a major global custodian to bring traditional fund infrastructure onchain, extending State
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