State Street and Galaxy Digital are partnering to launch a new tokenized private liquidity fund called SWEEP. The fund uses PYUSD, a stablecoin tied to the US dollar, to provide investors with 24/7 on-chain liquidity, enabling faster trading, increased access, and frictionless participation. It is expected to be deployed on the Solana blockchain in early 2026.
Bring your private market online
Personal assets such as venture investments and private equity typically take a long time to transact. Because of this, investors often wait days or weeks before buying or selling. However, SWEEP changes this by tokenizing private assets. Additionally, investors can now trade stocks digitally at any time. This will make private markets faster, more transparent, and more accessible.
“Projects like SWEEP are a big step for the private market. ” said a Galaxy Digital spokesperson. “It brings efficiency and openness to assets that have traditionally been difficult to trade.”
Fund structure
The SWEEP Tokenized Fund uses the PYUSD stablecoin to represent ownership of the fund. Therefore, this means that investors can buy, sell, and transfer shares directly on the blockchain. Additionally, Solana ensures that transactions occur quickly and at low cost. Investors can move assets at any time, even outside of normal business hours.
Additionally, blockchain technology keeps a clear record of all transactions. This gives investors confidence in transparency and accountability.
Trusted partners and security
As a leading custodian and asset manager, State Street brings institutional credibility to this project. Galaxy Digital provides experience in blockchain and digital assets. Additionally, the two companies aim to work together to make the Fund safe, reliable, and fully compliant with U.S. regulations.
The fund also undergoes regular audits to ensure that investors can trust the system while enjoying the benefits of modern blockchain.
Advantages of SWEEP Tokenization Fund
SWEEP has many benefits.
- Access anytime: Trade your personal assets 24/7.
- Clear records: Blockchain makes every transaction visible and traceable.
- Faster payments: Tokenization reduces delays and red tape.
- Global participation: Investors can participate from anywhere.
SWEEP Tokenized Fund: A new era of on-chain liquidity
As a result, SWEEP could change the way private markets operate. It combines the reliability of traditional finance with the speed and openness of blockchain. Therefore, by launching Solana with the backing of PYUSD, this fund has the potential to set a new standard for institutional investors.
Investors and analysts will be watching closely in 2026 to see how SWEEP blends traditional finance with on-chain liquidity, opening up new opportunities for private markets.
