🚀 Wall Street Goes Digital: Tokenization Era Begins! 🔗📈

Goldman Sachs and BNY Mellon have teamed up to offer institutional access to tokenized money market funds. Backed by BlackRock, Fidelity, and other asset managers, this initiative allows BNY clients to invest in MMFs with ownership recorded on Goldman’s DAP blockchain.

BNY’s Laide Majiyagbe emphasized their push for a secure, real-time financial future, while Goldman’s Mathew McDermott highlighted token utility for collateral and faster transfers.

JPMorgan is also stepping in, working with Ondo Finance to explore tokenized asset transfers via Kinexys. All this comes as U.S. stablecoin regulation gains momentum following the GENIUS Act signing.

💥 Tokenization is no longer hype — it’s happening.

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