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Goldman Sachs and BNY Mellon have launched tokenized money market funds using blockchain technology, aiming to modernize the $7.1 trillion industry. The move brings traditional finance closer to digital assets, with support from heavyweights like BlackRock and Fidelity. By bringing these core financial instruments on-chain, major institutions are signaling a serious shift toward blockchain-based infrastructure, one that could redefine how short-term capital markets operate in the future.
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- Qadir AK
Qadir AK
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Jul 23, 2025 13:42 UTC
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Goldman Sachs and BNY Mellon Tokenize Money Market Funds
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