Wall Street is putting a fresh spin on money market funds — and it’s all about tokenization.

As stablecoins gain traction in the U.S., giants like Goldman Sachs and BNY Mellon are leading the charge to keep traditional finance in the game. Their solution? Tokenized money market funds.

According to a JPMorgan strategist, it’s Wall Street’s strategic answer to the rapid rise of stablecoins — blending the reliability of regulated finance with the innovation of blockchain.

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