State Street Investment Management and Galaxy Asset Management have launched the State Street Galaxy Onchain Liquidity Sweep ...

Money market mutual funds are funds based on low-risk investments in short-term, high-quality debt. They’re highly liquid, earn better returns than savings accounts and are often used in brokerage ...

As the Federal Reserve holds rates steady through the spring of 2026, the gap between Fidelity’s default cash sweep rate and its top-tier money market funds has widened to nearly 1.5 percentage points ...

State Street Investment Management, the asset management arm of State Street Corporation (NYSE: STT), and Galaxy Asset Management, an affiliate of Galaxy Digital (Nasdaq/TSX: GLXY), announced the ...

Sweep accounts automatically steer cash into bank or brokerage money market accounts that can earn ample interest at the ...

Wells Fargo Advisors’ current bank deposit sweep rates start at 0.02% APY for balances under $1 million, while its money market sweep options yield above 3%. The contrast shows how sweep account ...

State Street and Galaxy launch SWEEP, a tokenized fund giving institutions 24/7 stablecoin yield and onchain cash management ...