TechFlow news, April 15 — According to Phoenix News, State Street Global Advisors Hong Kong Limited and Galaxy Asset Management announced they will launch a digital asset investment application called "State Street Galaxy." The application will integrate Galaxy's blockchain data analytics tools to monitor on-chain transaction activities of digital assets in real time.
Under the new application, Galaxy will provide support in underlying asset screening, risk hedging, and compliance framework design, while State Street Hong Kong will handle issuance infrastructure and global distribution network. Both parties plan to increase the assets under management related to digital assets to USD 5 billion by 2026.
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