PANews reported on January 15th, citing Bloomberg, that global custody giant State Street announced the launch of its digital asset platform, planning to offer tokenized money market funds, ETFs, stablecoins, and deposit products. This initiative will be developed in collaboration with its asset management division and partner institutions, marking a shift from back-office services to direct involvement 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.