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News

BNY, Goldman Sachs and money

CNBC on MSN · 2d
Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens
Clients of BNY will be able to invest in money market funds whose ownership will be recorded on Goldman's blockchain platform.
Reuters on MSN · 2d
Goldman, BNY team up to launch tokens tied to money market funds
Goldman Sachs and BNY have joined hands to launch digital tokens that mirror shares of money market funds, deepening Wall Street's push to bring blockchain technology into traditional finance. Investors can now buy and sell money market fund shares on BNY's LiquidityDirect platform,
Cointelegraph · 2h
Tokenized money market funds emerge as Wall Street’s answer to stablecoins
Goldman Sachs and BNY Mellon are tokenizing money market funds to stay competitive as stablecoin adoption surges. JPMorgan strategist Teresa Ho says the move could expand use cases, including margin collateral.
2don MSN

Goldman Sachs, BNY Mellon Step into Tokenized Money Market Funds

BlackRock, BNY Investments Dreyfus, Federated Hermes, Fidelity Investments, and Goldman Sachs are participating in the launch. The nation's oldest bank and a big Wall Street firm are wading into ...
InvestmentNews
4d

Goldman Sachs brings private credit to defined contribution plans

Goldman Sachs’ new private credit fund aims to bring alternatives to 401(k) plans, joining a wave of asset managers targeting the DC market.

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