
State Street and Galaxy Digital to deploy a tokenized fund on Solana in 2026
A major milestone for institutional blockchain adoption is coming in 2026. State Street, one of the world’s four largest investment managers with over $5.4 trillion in assets under management, will partner with Galaxy Digital to launch a tokenized investment fund on the Solana blockchain.
This move positions Solana as a preferred foundation for large-scale real-world asset tokenization (RWA), signaling accelerating institutional confidence in high-performance public blockchains.
Solana becomes a core infrastructure layer for institutional RWAs
The partnership confirms a growing trend: major financial institutions increasingly choose Solana for its speed, scalability and low cost. Solana has already seen significant RWA growth in 2024–2025, with tokenized treasuries, private credit products and stablecoin infrastructure expanding rapidly.
State Street’s entry represents the largest institutional deployment on Solana to date, dwarfing previous tokenization experiments from banks and asset managers.
Why State Street’s involvement matters
State Street is not just another asset manager — it is a systemic institution in global finance.
Their move into tokenization on Solana signals that:
• blockchain adoption among asset managers is accelerating
• tokenized funds may soon become mainstream products
• RWA infrastructure is shifting from pilots to production-scale deployments
• Solana is positioned as an institutional-grade public chain
The collaboration with Galaxy Digital also ensures strong digital asset infrastructure and custody expertise.
Macro Insight: Tokenization becomes a global financial trend
The launch aligns with a broader macro trend: RWAs becoming one of the fastest-growing segments in crypto.
Global institutions are increasingly pursuing:
• tokenized money market funds
• tokenized treasuries
• blockchain-native credit issuance
• instant settlement infrastructure
The choice of Solana suggests that high-throughput networks may outcompete private blockchains and consortia-based systems for real institutional workloads.
Market Analysis: Impact on SOL and the RWA ecosystem
State Street’s move may attract more capital inflows to the Solana ecosystem, especially from the RWA and institutional sectors. Tokenized funds typically require:
• deep liquidity
• scalable settlement
• reliable uptime
• robust developer tooling
Solana fits these criteria well, making it a likely hub for future asset tokenization initiatives.
Furthermore, the announcement could strengthen investor confidence in SOL during periods of broader market volatility.
BTCUSA Comment
This partnership is one of the clearest signals yet that institutional adoption is shifting from experimentation to implementation. Solana’s technical advantages are now driving real institutional capital migration, not just retail narratives.
The entrance of State Street validates the long-term structural role of public chains in traditional finance.
BTCUSA Outlook
We expect more major asset managers to announce Solana-based products throughout 2025–2027, especially in tokenized funds, private credit and yield-bearing instruments.
Solana’s market positioning as an institutional RWA chain may become one of its strongest growth narratives going into the next cycle.
This announcement could be a precursor to a broader wave of financial institutions deploying real products, not just pilots, on public blockchains.