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Stock impact report

Ondo, State Street, Galaxy Digital to Debut SWEEP Liquidity Fund in 2026 [Yahoo! Finance]

Galaxy Digital Inc. - Class A common stock (GLXY) 
Company Research Source: Yahoo! Finance
The product aims to use Galaxy's tokenization infrastructure to bring traditional cash management onchain. According to Ondo, SWEEP will debut on Solana in early 2026. The project's flagship product OUSG will serve as the anchor investor, with a planned allocation of roughly $200 million. The partnership will also increase the reach of OUSG's 24/7 liquidity network. Galaxy will power SWEEP with its digital infrastructure for issuance and management of SWEEP tokens. It plans to add Chainlink's cross-chain protocol to expand interoperability to Stellar and Ethereum after the Solana rollout. The State Street Galaxy Onchain Liquidity Sweep Fund will allow investors to send cash balances into a digital vehicle. It supports round-the-clock access via PayPal's stablecoin, PYUSD. State Street will hold treasury assets for the new fund through its banking division, State Street Bank and Trust Company. ONDO has already grown its portfolio that includes tokenized funds from BlackRo Show less Read more
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