Wall Street Giants Goldman Sachs & BNY Mellon Disrupt Finance With Blockchain Market Funds Launch

Traditional finance's old guard just placed a billion-dollar bet on blockchain—and they're not playing defense.

Tokenizing the Titans

Goldman Sachs and BNY Mellon ripped up the playbook today, launching the first institutional-grade market funds built on public blockchains. No 'proofs-of-concept' or timid pilot programs—these are live investment vehicles with real assets.

Why This Cuts Deep

The move bypasses decades of legacy infrastructure, proving even Wall Street's most conservative players now see more risk in avoiding crypto than embracing it. (Though we'd bet their compliance teams still wake up in cold sweats.)

The Ironic Twist

These are the same institutions that dismissed Bitcoin as a 'fraud' eight years ago. Now they're racing to tokenize everything that isn't nailed down—all while charging their usual 2-and-20 fees, naturally.