Goldman, BNY team up to launch tokens tied to money market funds

Bogdan Hofbauer

Goldman Sachs and BNY have joined hands to launch digital tokens that mirror shares of money market funds, deepening Wall Street's push to bring blockchain technology into traditional finance. Investors can now buy and sell money market fund shares on BNY's LiquidityDirect platform, with a digital record of those shares created on Goldman's blockchain system, the two financial giants said on Wednesday. The move marks an early step toward modernizing the infrastructure that underpins most of the

Goldman, BNY team up to launch tokens tied to money market funds https://www.channelnewsasia.com/ - 23.07.2025 16:59

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Goldman, BNY team up to launch tokens tied to money market funds https://www.channelnewsasia.com/ - 23.07.2025 16:59