{"id":38396,"date":"2025-07-23T15:01:44","date_gmt":"2025-07-23T15:01:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38396"},"modified":"2025-07-23T15:01:44","modified_gmt":"2025-07-23T15:01:44","slug":"bny-taps-goldman-tech-to-tokenize-traditional-finance-blackrock-fidelity-join-in","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38396","title":{"rendered":"BNY Taps Goldman Tech To Tokenize Traditional Finance\u2014BlackRock, Fidelity Join In"},"content":{"rendered":"<div>\n<p><strong>Goldman Sachs<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GS#NYSE\">GS<\/a>) and <strong>BNY<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BK#NYSE\">BK<\/a>) have introduced a blockchain-powered system to issue digital tokens that mirror shares of money market funds, marking a significant step toward the <a href=\"https:\/\/www.benzinga.com\/markets\/25\/07\/46420155\/the-tokenization-market-has-a-4-000x-growth-potential-according-bitwise-heres-the-cleanest-way-to-in\">tokenization of traditional financial assets in the United States<\/a>.<\/p>\n<p>As part of this <a href=\"https:\/\/www.bny.com\/corporate\/global\/en\/about-us\/newsroom\/company-news\/bny-and-goldman-sachs-launch-tokenized-money-market-funds-solution.html\">initiative<\/a>, institutional investors can now subscribe to select money market funds via BNY\u2019s LiquidityDirect platform, with mirror tokens issued using Goldman Sachs\u2019 GS DAP\u00ae blockchain infrastructure. <\/p>\n<p>These digital representations will reflect the corresponding value of investors\u2019 holdings and allow enhanced visibility, programmability, and potential future transferability of fund shares.<\/p>\n<p>The launch &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/07\/46575442\/bny-taps-goldman-tech-to-tokenize-traditional-finance-blackrock-fidelity-join-in\" alt=\"BNY\" taps goldman tech to tokenize traditional finance fidelity join in>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Goldman Sachs (NYSE:GS) and BNY (NYSE:BK) have introduced a blockchain-powered system to issue digital tokens that mirror shares of money market funds, marking a significant step toward the tokenization of traditional financial assets in the United States. As part of this initiative, institutional investors can now subscribe to select money market funds via BNY\u2019s LiquidityDirect [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38396","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38396"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38396\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}