State Street integrates XRP, XLM and HBAR in institutional tokenization move

State Street, one of the world’s leading custodial banks with trillions of dollars in assets under management, is developing a multi-chain tokenization infrastructure. Recent documentation confirms the bank’s involvement with three major blockchain networks: XRP Ledger, Stellar’s XLM, and Hedera ’s HBAR. Crypto researcher SMQKE published documentation linking State Street to core developments on the XRP Ledger, Stellar network, and the Hedera blockchain. This material includes a tokenized money market fund issuer table and a Boston Consulting Group (BCG) slide from October 2021 that highlights State Street’s partnership with Securrency, a prominent tokenization platform. The table provides details on the use of these blockchains in the creation and management of money market funds.

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