By Staff Writer
Today, State Street announced the launch of its Digital Asset Platform, a new infrastructure designed to support the development, custody, and servicing of tokenized financial products for institutional clients.
The platform is intended to position State Street as a bridge between traditional finance and digital asset markets. According to the bank, it will enable the creation and servicing of products such as tokenized money market funds, ETFs, tokenized securities, and digital cash instruments, including tokenized deposits and stablecoins.
State Street said the Digital Asset Platform includes wallet management, custodial services, and cash capabilities, and is built to operate across multiple jurisdictions. The infrastructure supports both private and public permissioned blockchain networks, while remaining integrated with the bank’s existing systems.
The platform incorporates enhanced security, operational resilience, and on-chain compliance controls, allowing institutions to access tokenized markets within a regulated and scalable framework.
Joerg Ambrosius, President of Investment Services at State Street, said the launch reflects a move beyond experimentation:
“We are moving beyond experimentation and into practical, scalable solutions that meet the highest standards of security and compliance.
Donna Milrod, Chief Product Officer at State Street, added that institutional clients are increasingly looking for trusted infrastructure that allows them to scale digital asset activity with confidence, rather than experimental technology.
The platform has been developed using a client partnership model, allowing it to evolve in line with regulatory developments and market demand.
The launch highlights growing momentum behind tokenization within traditional financial markets, as large custodians and asset servicers invest in infrastructure to support blockchain-based investment products.
