Matthew McDermott, Head of Digital Assets at Goldman Sachs, stated that the company plans to tokenize U.S. Treasury bonds and money market funds to enable 24/7 on-chain trading, meeting client demand for on-chain asset exposure and promoting the integration of traditional assets into blockchain infrastructure.
Goldman Sachs expects to launch three tokenization projects by 2025, including the first U.S. fund tokenization and a euro-denominated digital bond. (CryptoSlate)