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Created: 2025-07-23 11:37:44 UTC

GOLDMAN SACHS AND BANK OF NEW YORK MELLON HAVE CREATED THE ABILITY FOR INSTITUTIONAL INVESTORS TO PURCHASE TOKENIZED MONEY MARKET FUNDS, CNBC HAS LEARNED

CLIENTS OF BNY, THE WORLD’S LARGEST CUSTODY BANK, WILL BE ABLE TO INVEST IN MONEY MARKET FUNDS WHOSE OWNERSHIP WILL BE RECORDED ON GOLDMAN’S BLOCKCHAIN PLATFORM.

THE PROJECT HAS ALREADY SIGNED UP FUND TITANS INCLUDING BLACKROCK, FIDELITY INVESTMENTS AND FEDERATED HERMES, AS WELL AS THE ASSET MANAGEMENT ARMS OF GOLDMAN AND BNY.


XX engagements

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[Post Link](https://x.com/cryptomodee/status/1947984470126014770)