State Street Investment Management Accelerates Digital and Tokenization Innovation with Launch of State Street Stablecoin Reserves Money Market Fund

State Street Investment Management launched the State Street Stablecoin Reserves Money Market Fund, a government money market fund designed for stablecoin issuers under the new GENIUS Act framework. Anchorage Digital serves as an initial investor and partner, bringing its regulated crypto infrastructure to the initiative. The product targets a rapidly growing market where stablecoin issuance is projected to reach $1.9 trillion to $4 trillion by 2030. It builds on the firm’s recent introduction of the State Street Galaxy Onchain Liquidity Sweep Fund, furthering its strategy for institutional-grade tokenized markets.

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