State Street and Galaxy Asset Management have announced the upcoming launch of a tokenized liquidity fund, SWEEP, on the Solana blockchain in early 2026. This initiative aims to provide 24/7 on-chain liquidity management for qualified institutions, leveraging PayPal's stablecoin PYUSD for both subscriptions and redemptions. Ondo Finance has committed approximately $200 million as initial capital for the fund. SWEEP plans to expand its operations to the Stellar and Ethereum blockchains, utilizing Chainlink technology to facilitate cross-chain data and asset processing.