{"id":399568,"date":"2025-07-24T11:46:56","date_gmt":"2025-07-24T06:16:56","guid":{"rendered":"https:\/\/dripp.zone\/news\/goldman-sachs-bny-mellon-launch-tokenized-money-market-funds-crypto-news\/"},"modified":"2025-07-24T11:50:40","modified_gmt":"2025-07-24T06:20:40","slug":"goldman-sachs-bny-mellon-launch-tokenized-money-market-funds-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/goldman-sachs-bny-mellon-launch-tokenized-money-market-funds-crypto-news\/","title":{"rendered":"Goldman Sachs, BNY Mellon Launch Tokenized Money-Market Funds – Crypto News"},"content":{"rendered":"

Goldman Sachs Group Inc. and Bank of New York Mellon Corp. are preparing to let institutional clients buy and hold money-market fund shares that are recorded on a private blockchain<\/p>\n

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Goldman Sachs Group Inc. and Bank of New York Mellon Corp. are preparing to let institutional clients buy and hold money-market fund shares that are recorded on a private blockchain. The firms have developed a system that tokenizes fund units, allowing ownership to be settled and recorded in real time on a ledger run by Goldman.<\/p>\n

The initiative, backed by asset-management heavyweights including BlackRock and Fidelity, aims to bring faster trading and improved transparency to the $7.1 trillion U.S. money-market industry. By issuing tokenized versions of the funds, the banks say they can cut settlement times and operational risks that stem from traditional record-keeping systems.<\/p>\n

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Goldman Sachs Group Inc. and Bank of New York Mellon Corp. are preparing to let institutional clients buy and hold money-market fund shares that are recorded on a private blockchain Goldman Sachs Group Inc. and Bank of New York Mellon Corp. are preparing to let institutional clients buy and hold money-market fund shares that are […]<\/p>\n","protected":false},"author":2,"featured_media":399573,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-399568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/399568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=399568"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/399568\/revisions"}],"predecessor-version":[{"id":399576,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/399568\/revisions\/399576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/399573"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=399568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=399568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=399568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}