State Street and Galaxy will launch a Tokenized Liquidity Fund in 2026.

Tokenized Liquidity Fund SWEEP is Coming

State Street and Galaxy are planning to launch a tokenized liquidity fund called SWEEP, which will direct investor flows for 24 hours using PYUSD at the beginning of 2026.

Ondo Finance has initially committed approximately 200 million dollars to this tokenized liquidity fund. The fund will expand in the future to other blockchain networks.

This product provides transparency for qualified institutions, bringing traditional cash management tools to public blockchains.