TechFlame News – According to Bloomberg, global custody giant State Street has announced the launch of a digital asset platform, with plans to introduce tokenized money market funds, ETFs, stablecoins, and deposit products. The initiative will be advanced in collaboration with its asset management division and partner institutions, marking a shift from back-office services to direct participation in asset issuance. Previously, State Street partnered with Galaxy Digital to issue tokenized funds and is also considering offering crypto custody services in the future.