At a recent ETF conference, State Street Global Advisors (SSGA) expressed an interest in tokenizing exchange traded funds (ETFs). That carries weight because State Street manages the single largest ETF, the SPDR S&P 500 ETF Trust, with a market capitalization of almost $400 billion.
“We will be looking at the tokenization of ETFs,” said Matteo Andreetto, head of SPDR EMEA at SSGA, talking at an ETF Stream event. “And then the tokenization of private assets. That for me will be game-changing.”
He added, “From our perspective, clients would love to have SPDR digital asset classes or SPDR (S&P Depositary Receipts) tokenized ETFs.”
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
