🚀 WALL STREET GOES ON-CHAIN – TOKENIZATION ERA BEGINS!
Goldman Sachs and BNY Mellon have joined forces to unlock institutional access to tokenized money market funds. Backed by heavyweights like BlackRock, Fidelity, and Federated Hermes, the initiative uses Goldman’s DAP blockchain to store and manage ownership records, turning traditional assets into digital tokens.
BNY Mellon clients will soon invest directly in MMFs with their holdings mirrored on-chain—bringing transparency, real-time settlement, and collateral utility to the forefront.
“As finance moves toward real-time digital rails, BNY is focused on building secure, scalable systems,” said BNY’s Global Head of Liquidity Laide Majiyagbe. Goldman’s Digital Assets Head, Mathew McDermott, adds that tokenized fund shares will drive future collateral mobility and faster asset transfer.
With JPMorgan also stepping in via Ondo Finance and Kinexys, Wall Street’s tokenization play is no longer theoretical—it’s live. This momentum builds just as stablecoin regulation advances post-GENIUS Act.
📌 The infrastructure for TradFi–DeFi fusion is finally falling into place.
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