Goldman Sachs and Mellon are operating new cryptofonds in a $ 7 trillion market
- Goldman Sachs and BNY Mellon put on operated crypto munds for institutional investors.
- The new financial instrument is attractive due to low costs and simple, quick processing.
Goldman Sachs and BNY Mellon have launched a blockchain-based tokenized money market fund for institutional investors. You go from one $ 7.1 trillion Market.
The initiative is supported by prominent financial actors such as Blackrock, Fidelity Investments and Federated Hermes. By integrating blockchain technology, the project promises faster settlement times, 24/7 trading and better access to liquidity management.
Goldman Sachs and Bny Mellon start token-based fund platform
The tokenized money market funds From Goldman Sachs and BNY Mellon Use the Goldman blockchain platform to digitally pursue and manage ownership. This enables processing in real time and facilitates liquidity management.
JUST IN: $7.1T MONEY MARKET TO ENTER CRYPTO
Goldman Sachs partners with BNY Mellon to transform $7.1T money market fund with crypto.
This could bring massive liquidity and real-world assets into crypto.
pic.twitter.com/Zr469yGt80
— Coin Bureau (@coinbureau) July 23, 2025
Money market funds usually invest in short -term, low -risk securities such as government bonds and commercial paper, which makes them one of the safest and most cash -like investment options. The tokenization of these funds could shorten the settlement times that traditionally be one or two days.
Laide Majiyagbe, Global Head of Liquidity at BNY Mellon, emphasized the importance of tokenization in order to make transactions more seamless and efficient. Loud Majus If this step will enable transactions without the friction that normally hinder traditional markets.
In addition, the tokenization of money market fund creates opportunities for better access and lower costs for institutional investors. BNY MELLON customers will be able to acquire digital certificates that represent shares in tokenized funds.
Bny Mellon has developed a real-time blockchain tool to pursue the net inventory value (NAV) of funds. This tool contributes to more transparency and efficiency. The Blackrock Buidl fund already uses this system.
How CNF reports, Bny Mellon is a global financial service company. It emerged in 2007 from the merger of the Bank of New York and the Mellon Financial Corporation.
Retailed alternative to cash stocks
Stable coins get all the attention because they are approved as part of the US Genius Act, but they do not offer the owners. The Goldman Sachs and Bny Mellon initiative taps the growing demand for liquidity and efficiency, since the central banks raise interest rates worldwide.
Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, said that the project will be useful in a market in which the demand for liquidity instruments will increase.
Despite these advantages, there are some challenges. The regulatory framework for tokenized financial products is still under development. The legal treatment of digital tokens differs from country to country, which could slow down the worldwide introduction. Cross-border transactions also require uniform governance models to ensure compliance with the regulations and functionality.
In order for tokenized funds to find broader acceptance, you must have clear cost advantages over conventional systems. Acceptance will depend on the scalability of the blockchain, the clarity of the regulations and the willingness of the institutions.
The competition also increases. JPMorgan Chase and the Bank of America explore both stable coin applications and increase the pressure to differentiate themselves by innovation and benefits.
Goldman Sachs has highlighted his crypto engagement in his 2024 annual report. The bank stated that $ 1.27 billion in Blackrocks Ibit and $ 288 million in Fidelity’s FBTC. With the report, Goldman recognized the growing role of cryptocurrencies on the financial markets for the first time.
It associated the growth of digital assets with technology-driven changes and a cheaper political attitude under the Trump administration.
BNY Mellon builds its role in the ecosystem of digital assets also out of. She has joined Ripple to launch Rlusd, a stablecoin for companies. Rlusd Is fully covered by the dollar and has tested reserves and compliance functions that are missing most of the stable coins. Bny Mellon will act as the main driver.
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