Goldman Sachs, BNY Mellon Team Up on Blockchain for Money-Market Funds

Wall Street giants Goldman Sachs and BNY Mellon have introduced a new blockchain-based platform for institutional investors to access tokenized money market funds. The system, announced on July 23, allows clients to subscribe, trade, and redeem fund shares as digital tokens that settle in real time on Goldman’s private blockchain, replacing traditional end-of-day processes. How […] The post Goldman Sachs, BNY Mellon Team Up on Blockchain for Money-Market Funds appeared first on Coin Edition.