[State Street Bank and Galaxy to Launch Tokenized Liquidity Fund on Solana Chain Next Year] According to CoinDesk, State Street Bank and Galaxy Asset Management plan to launch a tokenized liquidity fund in early 2026. The fund will utilize stablecoins to enable 24/7 investor fund flows, thereby expanding the application of public blockchains in institutional cash management. This fund, named 'State Street Galaxy Onchain Liquidity Sweep Fund' (SWEEP), will accept subscriptions and redemptions in PayPal-issued stablecoin PYUSD, as long as the fund has available assets to process related requests. Only qualified purchasers meeting established thresholds will be eligible to invest in the fund. Ondo Finance has committed approximately $200 million as seed funding for this product. The two companies anticipate that the SWEEP fund will initially launch on the Solana blockchain, with plans to later expand to the Stellar and Ethereum blockchains. Galaxy Asset Management intends to leverage Chainlink's tools to enable cross-chain data and asset transfers.