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Goldman Sachs and BNY have joined hands to launch digital tokens that mirror shares of money market funds, deepening Wall Street's push to bring blockchain technology into traditional finance.
Clients of BNY will be able to invest in money market funds whose ownership will be recorded on Goldman’s blockchain platform ...
BlackRock, BNY Investments Dreyfus, Federated Hermes, Fidelity Investments, and Goldman Sachs are participating in the launch. The nation's oldest bank and a big Wall Street firm are wading into ...