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![TheKcoin Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1703072880907657216.png) The K-Coin [@TheKcoin](/creator/twitter/TheKcoin) on x 3610 followers
Created: 2025-07-23 16:25:15 UTC

🚨Two Wall Street giants are set to offer tokenized money market funds, putting a $XXX trillion industry on the blockchain

According to CNBC, institutional clients of Bank of New York (BNY), the world's largest custodian bank, will soon be able to invest in money market funds, with ownership recorded on Goldman Sachs' own blockchain. 

This promises to bring instant settlement, 24/7 market access and increased efficiency to capital markets. 

The project has attracted the participation of big names such as BlackRock, Fidelity Investments, Federated Hermes, along with the asset management units of Goldman Sachs and BNY.

![](https://pbs.twimg.com/media/GwjjW7dboAAZQJK.jpg)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948056828350239159/c:line.svg)

**Related Topics**
[the worlds](/topic/the-worlds)
[investment](/topic/investment)
[bank of](/topic/bank-of)
[cnbc](/topic/cnbc)
[blockchain](/topic/blockchain)
[money](/topic/money)
[tokenized](/topic/tokenized)
[wall street](/topic/wall-street)

[Post Link](https://x.com/TheKcoin/status/1948056828350239159)