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![RealNimona Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1666384514501812224.png) Nimona [@RealNimona](/creator/twitter/RealNimona) on x XXX followers
Created: 2025-07-23 14:55:57 UTC

They’re not doing this for fun.

Goldman & BNY Mellon tokenizing $7.1T in money markets isn’t just “blockchain adoption”  it’s control migration.
On-chain doesn’t mean open. GS DAP® is a private blockchain. Assets settle faster, sure  but under their rules.

This isn’t DeFi.
It’s TradFi with faster rails.

The real question is:
 When do permissionless systems start threatening their margins?

Until then, this is just old money putting new lipstick on the same cow


XX engagements

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**Related Topics**
[faster](/topic/faster)
[onchain](/topic/onchain)
[adoption](/topic/adoption)
[blockchain](/topic/blockchain)
[money](/topic/money)
[$71t](/topic/$71t)

[Post Link](https://x.com/RealNimona/status/1948034354917093721)