- Slice of Finance
- Posts
- State Street and Galaxy Asset Management Collaborate on Digital Asset Strategies
State Street and Galaxy Asset Management Collaborate on Digital Asset Strategies
Slice of Finance Team
04 Jul
Key Highlights:
State Street and Galaxy team up to innovate digital asset investing.
New strategies to provide exposure beyond cryptocurrencies and bitcoin.
Focus on education and growth opportunities in the digital asset ecosystem.
Combining expertise to make digital assets more accessible to investors.
Source (Business Wire)
Notable Quotes:
“We believe that the digital assets landscape is so much more than the single crypto components and that crypto native companies are best equipped to understand that ecosystem and its correlation with financial markets.”
“Since Galaxy was founded, active management across the full ecosystem of digital assets and crypto companies has been a core competency.”
Our Take:
This collaboration between State Street Global Advisors and Galaxy Asset Management marks a significant step in the evolution of digital asset investment strategies. By leveraging the combined strengths and expertise of these two industry leaders, investors will gain access to a broader spectrum of digital assets beyond traditional cryptocurrencies. This partnership not only highlights the growing institutional interest in digital assets but also underscores the importance of active management in navigating the complexities of the digital asset ecosystem. As the digital asset market continues to expand, such innovative strategies are likely to play a crucial role in driving future growth and diversification in investor portfolios.