SWEEP Launches Onchain Liquidity Fund with Ondo, State Street, and Galaxy
Genfinity introduced SWEEP, a new onchain liquidity fund supported by Ondo, State Street, and Galaxy, marking a significant collaboration in the tokenized asset sector.
Fund Name
SWEEP
Type
Onchain Liquidity Fund
Backers
Ondo, State Street, Galaxy
Source
Genfinity
The SWEEP initiative represents a fresh entry into the onchain liquidity space. This project brings together major institutional players to advance the tokenization of financial instruments. The collaboration highlights growing institutional interest in blockchain-based liquidity solutions.
Original summary by the Intergalactic Newsroom based on the cited source; read the source for full details. Not investment advice.