3-5-2025 – Goldman Sachs is poised to revolutionise round-the-clock trading of tokenised US Treasury bonds and money market fund shares.
The American investment banking giant’s digital transformation strategy extends well beyond this initiative, with ambitious plans to roll out three distinct tokenisation ventures by 2025. These include pioneering efforts in euro-denominated digital bonds and American fund tokenisation.
Speaking at Dubai’s TOKEN2049 conference, Mathew McDermott, who helms the bank’s digital assets division, outlined these groundbreaking developments. The announcement marks a strategic evolution for Goldman Sachs, which already maintains an established presence in crypto derivatives trading.
In a particularly intriguing move, the financial powerhouse is contemplating the establishment of its digital asset platform, GS DAP, as a standalone entity. This strategic separation would enable multiple institutions to leverage the platform’s capabilities, potentially catalysing enhanced market efficiency and deeper liquidity pools in the digital assets sphere.
