Ondo Finance to invest $200M in seed capital for tokenized liquidity fund
State Street Investment Management, the asset management arm of State Street Corporation (NYSE: STT), and Galaxy Asset Management, an affiliate of Galaxy Digital (Nasdaq/TSX: GLXY), announced the forthcoming launch of the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP) on Dec. 10. Popular tokenization platform Ondo Finance is expected to invest $200 million in seed fund into the tokenized private liquidity fund. Related: SEC ends Ondo probe, marking biggest regulatory win yet for tokenization S ...