In a major move toward institutional blockchain adoption, Goldman Sachs and BNY Mellon have officially launched tokenized money-market funds, marking a significant shift in how traditional financial instruments are managed and settled. By leveraging blockchain technology, the initiative aims to reduce settlement friction, allow fractional ownership, and accelerate collateral mobility across financial systems.
The platform operates on a private blockchain infrastructure and is supported by several major asset managers, highlighting the increasing role of distributed ledger technology in real-world financial markets. This development is not just experimental , it represents a concrete step toward integrating tokenized capital market infrastructure into the existing financial ecosystem, potentially setting the stage for broader adoption across banks, hedge funds, and institutional investors worldwide.
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