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State Street Bank will launch tokenized fund services in Luxembourg by the end of the year
Golden Finance reports that on April 28, according to The Block, the custody giant State Street (Bank of New York Mellon) plans to launch tokenized fund services in Luxembourg no later than the end of 2026 through its State Street Investment Services, extending existing fund management, custody, and transfer agent functions to the blockchain. The service will run through its Digital Asset Platform, supporting both tokenized funds and traditional funds under a unified operating model, and providing infrastructure for the full lifecycle including issuance, management, and custody. Customers will be able to operate and conduct risk control from the same interface.