State Street and Galaxy Launch Tokenized Liquidity Fund on Solana

Key Facts

1State Street and Galaxy have launched a private tokenized liquidity fund called SWEEP on the Solana blockchain.

2The new fund accepts subscriptions in PYUSD and USDC stablecoins from eligible Qualified Purchasers.

State Street and Galaxy have launched a private tokenized liquidity fund called SWEEP on the Solana blockchain. Tokenpost reported that the new vehicle is designed for institutional cash management, accepting subscriptions in PYUSD and USDC stablecoins from eligible Qualified Purchasers.

STT shares closed at $179.73 on September 28, 2026, after trading between a day low of $179.42 and a high of $181.24. The launch represents a significant move into Real World Asset (RWA) tokenization by a major custodian, leveraging on-chain infrastructure for 24/7 liquidity management.