State Street today announced the launch of its Digital Asset Platform, a secure, scalable infrastructure for tokenized assets.

The launch strategically positions State Street to be the bridge between traditional and digital finance and the connection point between digital asset platforms for its clients. This foundational build is critical in enabling State Street’s digital ambitions to develop core products for its clients, including tokenized Money Market Funds (MMFs), ETFs, tokenized assets, and cash products including tokenized deposits and stablecoins.

The platform includes wallet management, custodial, and cash capabilities, designed to support tokenized product development across jurisdictions covering both private and public permissioned blockchain networks. Underpinned by enhanced security and operational and on-chain compliance controls, integrated with existing systems, the platform supports secure, scalable access for institutional clients offering a seamless interface between digital and traditional services.

“This launch marks a significant step in State Street’s digital asset strategy,” said Joerg Ambrosius, president of Investment Services at State Street. “We are moving beyond experimentation and into practical, scalable solutions that meet the highest standards of security and compliance. By pairing blockchain connectivity with robust controls and global servicing expertise, we’re enabling institutions to confidently embrace tokenization as part of their core strategy with an organization like us that they can trust.”

“Clients want trusted infrastructure that makes digital assets practical, not experimental,” said Donna Milrod, chief product officer for State Street. “This platform delivers that foundation in a way that is secure, interoperable and integrated so institutions can scale with confidence. This platform is built on a client partnership model that ensures ongoing evolution in line with market needs and regulatory expectations, reduces complexity while opening the door to innovation in a rapidly evolving digital financial landscape.”