State Street Hong Kong: Plans to increase digital asset management scale to $5 billion and launch a crypto investment application with Galaxy
ChainCatcher news, according to Phoenix News, State Street Global Advisors Hong Kong Limited announced the launch of the "State Street Galaxy" application for crypto and traditional investments in collaboration with Galaxy Asset Management, a subsidiary of Galaxy Digital Holdings.
It is reported that State Street Hong Kong also stated that it will introduce Galaxy's AI-driven asset allocation model to optimize the digital asset allocation in traditional portfolios, aiming to increase the management scale related to digital assets to $5 billion by 2026.
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