State Street lands first external client for tokenized fund servicing
Jul 24 2026 12:35 UTC - Ledger Insights
In April State Street announced plans to provide servicing for tokenized money market fund issuers in Luxembourg later this year, with State Street
➤ State Street has secured its first external client for tokenized fund servicing in Luxembourg, a major European asset manager.
➤ This service, built on Taurus technology, will offer fund administration, custody, and transfer agency services for tokenized money market funds.
➤ The move positions State Street to compete with established players like Clearstream and Euroclear in the growing DLT-based fund servicing market.
Read more at: https://rwatimes.io/articles/ledgerinsights-state-street-lands-first-external-client-for-tokenized-fund-servicing-884769439?utm_source=binance
Jul 24 2026 12:35 UTC - Ledger Insights
In April State Street announced plans to provide servicing for tokenized money market fund issuers in Luxembourg later this year, with State Street
➤ State Street has secured its first external client for tokenized fund servicing in Luxembourg, a major European asset manager.
➤ This service, built on Taurus technology, will offer fund administration, custody, and transfer agency services for tokenized money market funds.
➤ The move positions State Street to compete with established players like Clearstream and Euroclear in the growing DLT-based fund servicing market.
Read more at: https://rwatimes.io/articles/ledgerinsights-state-street-lands-first-external-client-for-tokenized-fund-servicing-884769439?utm_source=binance