[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  MartyParty [@martypartymusic](/creator/twitter/martypartymusic) on x 222.3K followers Created: 2025-07-23 14:53:22 UTC Goldman Sachs and BNY Mellon join forces to tokenize $XXX trillion money market industry - @CNBC Clients of @BNYglobal will be able to invest in money market funds whose ownership will be recorded on @GoldmanSachs blockchain platform. The project has already signed up @BlackRock @Fidelity as well as the asset arms of @GoldmanSachs and @BNYglobal This development signals a transformative shift in asset management, leveraging blockchain to enhance efficiency and flexibility in the money market space. What’s Happening: Goldman Sachs and BNY Mellon have launched a platform allowing institutional investors to purchase tokenized money market funds, with ownership recorded on Goldman’s blockchain platform (GS DAP®). BNY clients, including hedge funds, pensions, and corporations, can invest via BNY’s LiquidityDirect platform. Major asset managers like BlackRock, Fidelity Investments, Federated Hermes, and the asset management arms of Goldman and BNY are participating in the initial rollout. Why It Matters: The $XXX trillion money market industry is being modernized through tokenization, which enables:Faster Settlement: Blockchain allows real-time settlement, reducing delays compared to traditional systems. 24/7 Trading: Tokenized funds support round-the-clock trading in a digital ecosystem. Enhanced Utility: Tokenized funds could be transferable between financial intermediaries without liquidation, potentially serving as collateral for trades and margin requirements. Yield Advantage: Unlike stablecoins, tokenized money market funds generate returns, making them attractive for cash management. Context and Momentum: The initiative follows the U.S. GENIUS Act, signed into law in July 2025, which establishes a regulatory framework for stablecoins, boosting digital asset adoption. Other major banks like JPMorgan Chase, Citigroup, and Bank of America are also exploring stablecoin applications, but tokenized money market funds offer a yield-generating alternative. Challenges: Adoption depends on regulatory clarity, scalability, and demonstrating cost savings over traditional models. Critics note potential risks, such as bypassing retail investor protections, and competition from stablecoin initiatives by other banks.📷📷 Broader Implications: This move sets the stage for a more efficient, digital financial ecosystem, potentially redefining liquidity management and asset transferability. It reflects growing institutional confidence in blockchain, with prior tests like the Canton Network pilot in March 2024 showing industry-wide interest. XXXXXX engagements  **Related Topics** [the project](/topic/the-project) [transformative](/topic/transformative) [signals](/topic/signals) [blockchain](/topic/blockchain) [investment](/topic/investment) [money](/topic/money) [goldman sachs](/topic/goldman-sachs) [stocks financial services](/topic/stocks-financial-services) [Post Link](https://x.com/martypartymusic/status/1948033703730348132)
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MartyParty @martypartymusic on x 222.3K followers
Created: 2025-07-23 14:53:22 UTC
Goldman Sachs and BNY Mellon join forces to tokenize $XXX trillion money market industry - @CNBC
Clients of @BNYglobal will be able to invest in money market funds whose ownership will be recorded on @GoldmanSachs blockchain platform.
The project has already signed up @BlackRock @Fidelity as well as the asset arms of @GoldmanSachs and @BNYglobal
This development signals a transformative shift in asset management, leveraging blockchain to enhance efficiency and flexibility in the money market space.
What’s Happening: Goldman Sachs and BNY Mellon have launched a platform allowing institutional investors to purchase tokenized money market funds, with ownership recorded on Goldman’s blockchain platform (GS DAP®). BNY clients, including hedge funds, pensions, and corporations, can invest via BNY’s LiquidityDirect platform. Major asset managers like BlackRock, Fidelity Investments, Federated Hermes, and the asset management arms of Goldman and BNY are participating in the initial rollout.
Why It Matters: The $XXX trillion money market industry is being modernized through tokenization, which enables:Faster Settlement: Blockchain allows real-time settlement, reducing delays compared to traditional systems.
24/7 Trading: Tokenized funds support round-the-clock trading in a digital ecosystem.
Enhanced Utility: Tokenized funds could be transferable between financial intermediaries without liquidation, potentially serving as collateral for trades and margin requirements.
Yield Advantage: Unlike stablecoins, tokenized money market funds generate returns, making them attractive for cash management.
Context and Momentum: The initiative follows the U.S. GENIUS Act, signed into law in July 2025, which establishes a regulatory framework for stablecoins, boosting digital asset adoption. Other major banks like JPMorgan Chase, Citigroup, and Bank of America are also exploring stablecoin applications, but tokenized money market funds offer a yield-generating alternative.
Challenges: Adoption depends on regulatory clarity, scalability, and demonstrating cost savings over traditional models. Critics note potential risks, such as bypassing retail investor protections, and competition from stablecoin initiatives by other banks.📷📷 Broader Implications: This move sets the stage for a more efficient, digital financial ecosystem, potentially redefining liquidity management and asset transferability. It reflects growing institutional confidence in blockchain, with prior tests like the Canton Network pilot in March 2024 showing industry-wide interest.
XXXXXX engagements
Related Topics the project transformative signals blockchain investment money goldman sachs stocks financial services