[State Street Bank Launches Digital Asset Platform, Enters Tokenized Deposits and Stablecoin Market] According to Bloomberg, global custody giant State Street Bank has announced the launch of a digital asset platform, aiming to introduce tokenized money market funds, ETFs, stablecoins, and deposit products. The initiative will be advanced in collaboration with its asset management division and partner institutions, marking its shift from backend services to direct participation in asset issuance. Previously, State Street had partnered with Galaxy Digital to issue tokenized funds and is also considering offering crypto custody services in the future.