Goldman Sachs is stepping into the onchain era with plans to tokenize U.S. Treasury bonds and money market funds, enabling 24/7 trading for traditionally rigid financial instruments. In response to growing institutional interest in blockchain-based assets, the bank will launch three tokenization projects in 2025, including euro-denominated digital bonds and other onchain investment products.
This move reflects a broader shift in traditional finance toward real-world asset tokenization. By bringing bonds and cash-equivalent instruments onto the blockchain, Goldman Sachs aims to boost liquidity, transparency, and accessibility—especially for global investors operating outside standard market hours.
Projects like Franklin Templeton’s BENJI token and Ondo Finance’s USDY have already shown how tokenized treasuries can offer yield and flexibility onchain. Goldman’s entry signals that legacy players now see blockchain not as disruption, but as infrastructure.
Tokenization could redefine how capital flows globally. But the question is: will users trust Wall Street’s version of DeFi?
