NAV Fund Services has been selected as fund administrator for the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), a tokenised private liquidity fund launched in May by State Street Investment Management and Galaxy. SWEEP includes Anchorage as digital custodian for stablecoin investments, Galaxy providing tokenisation technology and digital infrastructure, Chainlink providing onchain NAV publication via NAVLink, and cross-chain interoperability via CCIP, and State Street Bank and Trust Company as custodian for securities holdings.
