Goldman Sachs Revolutionizes Tokenized Treasuries Trading with 24/7 Access
Goldman Sachs is breaking new ground in digital finance by enabling round-the-clock trading for tokenized U.S. Treasury bonds and money market funds. The initiative, announced by Mathew McDermott, head of digital assets at Goldman Sachs, underscores the firm’s commitment to bridging traditional finance with blockchain technology.
The move comes as institutional demand for on-chain investment products surges. Tokenized money market funds have already surpassed $1 billion in assets under management, with projections suggesting this figure could balloon to $2 trillion by 2030.
Goldman’s plans extend beyond Treasuries, with digital euro bonds and tokenized U.S. funds also in the pipeline. This strategic expansion positions the bank at the forefront of a financial revolution, where blockchain’s efficiency meets the stability of traditional assets.