💡 Tokenization Advances: Goldman & BNY Launch Tokens Linked to Money Market Funds
Goldman Sachs and BNY Mellon announced today a partnership to launch tokens backed by shares in money market funds, leveraging blockchain technology to enhance efficiency and allow 24/7 access to these vehicles. (Confirmed by Reuters)
Key Highlights:
✅ Continuous access and quick settlement of institutional assets.
✅ Participation of giants like BlackRock and Fidelity in the launch.
✅ Clear sign of deep integration between traditional finance and blockchain.