STATE STREET DIGITAL LTD

Thesis

State Street Digital, launched in 2021 as the digital division of State Street Corporation (founded 1792), focuses on building core infrastructure and providing institutional clients with secure, scalable solutions in the digital finance landscape. Its strategy includes servicing, creating, and safeguarding digital assets, offering fund administration for digital assets, tokenization as a service, and digital custody. The firm aims to evolve its GlobalLink platform into a multi-asset digital platform supporting crypto and other asset classes, creating new liquidity venues. Operating globally, State Street Digital is expanding into crypto asset staking and institutional DeFi. It does not have distinct fund sizes or typical check sizes like a VC firm, but rather integrates its initiatives into State Street Corporation's overall financial services. The parent entity has significant AUM ($5.4T as of Sept 30, 2025).