State Street to launch tokenised fund servicing
28 April 2026 Luxembourg
Image: MarcinKrzyzak/stock.adobe.com
State Street has announced it intends to deliver a tokenised fund servicing capability from Luxembourg by the end of 2026 through State Street Investment Services.
The capability will extend the firm’s established fund administration, custody, and transfer agency services to support digitally native fund structures alongside traditional funds within a single institutional operating model.
State Street Investment Management is expected to be an early adopter of the service.
The capability will be delivered through State Street’s recently announced Digital Asset Platform (DAP), extending the firm’s existing fund infrastructure with tokenisation enablement.
This allows State Street to support the full lifecycle of tokenised fund issuance, administration and custody, while allowing digital and traditional fund structures to operate together under consistent governance, risk management, and a single client interface.
Luxembourg was selected as the initial delivery location due to its established global funds ecosystem and legal frameworks that support digitally native fund structures.
Angus Fletcher, global head of digital asset solutions at State Street, remarks: “This announcement reflects our progress in building infrastructure that enables digital and traditional assets to operate together within a unified institutional framework.
“Investment Services is focused on delivering a production?ready servicing capability, with State Street Investment Management’s planned use of the service providing early validation of how tokenisation can be applied within existing fund operating models.”
Kim Hochfeld, global head of Cash and Digital Assets at State Street Investment Management, adds: “Being an early adopter of tokenisation allows us to upgrade our operating model and deliver an innovative client experience while preserving the investment discipline, risk controls, and investor protections that are fundamental to State Street Investment Management.”
The capability will extend the firm’s established fund administration, custody, and transfer agency services to support digitally native fund structures alongside traditional funds within a single institutional operating model.
State Street Investment Management is expected to be an early adopter of the service.
The capability will be delivered through State Street’s recently announced Digital Asset Platform (DAP), extending the firm’s existing fund infrastructure with tokenisation enablement.
This allows State Street to support the full lifecycle of tokenised fund issuance, administration and custody, while allowing digital and traditional fund structures to operate together under consistent governance, risk management, and a single client interface.
Luxembourg was selected as the initial delivery location due to its established global funds ecosystem and legal frameworks that support digitally native fund structures.
Angus Fletcher, global head of digital asset solutions at State Street, remarks: “This announcement reflects our progress in building infrastructure that enables digital and traditional assets to operate together within a unified institutional framework.
“Investment Services is focused on delivering a production?ready servicing capability, with State Street Investment Management’s planned use of the service providing early validation of how tokenisation can be applied within existing fund operating models.”
Kim Hochfeld, global head of Cash and Digital Assets at State Street Investment Management, adds: “Being an early adopter of tokenisation allows us to upgrade our operating model and deliver an innovative client experience while preserving the investment discipline, risk controls, and investor protections that are fundamental to State Street Investment Management.”
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