Goldman Sachs and BNY Mellon Launch Blockchain-Based Tokenization for Money Market Funds

According to Odaily, Goldman Sachs has partnered with BNY Mellon to introduce a blockchain-based tokenization solution for money market funds. This initiative allows BNY Mellon clients to invest in tokenized money funds through the Goldman Sachs platform, with holdings recorded on the blockchain. The project has garnered interest from major asset management firms such as BlackRock, Fidelity, and Federated Hermes, aiming to establish a real-time, low-friction digital financial infrastructure. source: https://www.binance.com/en/square/post/27331078776545?utm_source=BinanceNewsRSS