Goldman Sachs and BNY Mellon have introduced tokenized money market funds utilizing blockchain technology, intending to update the $7.1 trillion sector. This action bridges conventional finance with digital assets, gaining backing from industry giants such as BlackRock and Fidelity. By moving these essential financial tools onto the blockchain, significant players are indicating a substantial change towards infrastructure based on blockchain technology, which could reshape how short-term capital markets function in the coming years.
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2025-07-23 17:04