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Goldman Sachs and Bank of New York Mellon (BNY) have partnered on a new initiative to enable institutional investors to subscribe and redeem tokenised money market fund (MMF) shares via blockchain technology. The initiative connects BNY’s LiquidityDirect platform to Goldman’s private GS DAP blockchain, enabling a mirrored digital record of MMF share ownership while preserving […]
The post Wall Street’s Elders Embrace Tokenisation: BNY Mellon and Goldman Unveil Pilot appeared first on Crypto News Australia…
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Wall Street’s Elders Embrace Tokenisation: BNY Mellon and Goldman Unveil Pilot
Rachel Lourdesamy
19:19
Goldman Sachs and Bank of New York Mellon (BNY) have partnered on a new initiative to enable institutional investors to subscribe and redeem tokenised money market fund (MMF) shares via blockchain technology. The initiative connects BNY’s LiquidityDirect platform to Goldman’s private GS DAP blockchain, enabling a mirrored digital record of MMF share ownership while preserving
