State Street has announced the launch of its Digital Asset Platform, designed to provide a secure and scalable infrastructure for tokenized assets. The platform aims to serve as a bridge between traditional and digital finance, offering capabilities in wallet management, custody, and cash management. It supports tokenized money market funds (MMFs), ETFs, various tokenized assets, as well as tokenized deposits and stablecoins. The platform is capable of operating across multiple blockchain networks, including both private and public permissioned chains.