Confirmed: State Street Utilizes XRP and XLM. Here’s the Latest.
Institutional finance stands on the brink of a profound transformation as traditional custodians and banking giants integrate blockchain‑enabled tokenization into their core infrastructure.
In a decisive shift from exploratory pilots to production‑grade systems, State Street has launched a Digital Asset Platform designed to support tokenized instruments such as money market funds, ETFs, and stablecoin cash products for institutional clients. This platform reinforces the firm’s strategic objective of bridging legacy financial systems with the emerging digital asset economy.
According to SMQKE’s post on X, this new phase in State Street’s digital expansion leans heavily on Securrency, a blockchain tokenization middleware that explicitly integrates Ripple’s XRP Ledger and Stellar’s XLM into its infrastructure.
SMQKE’s insights, coupled with broader industry documentation, confirm that these integrations position XRP and XLM as supported networks within the tokenization stack that underpins State Street’s offering.$XRP $XLM
