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Goldman & BNY Push Tokenization Into Wall Street’s Core – DeFiance Media – 7.24.25

DeFiance Daily – Goldman Sachs and BNY Mellon are taking a big swing at modernizing finance, launching digital tokens that represent shares of money-market funds. Investors can now buy and sell those shares on BNY’s LiquidityDirect platform, with records stored on Goldman’s blockchain—a move that could speed up settlements and unlock new collateral uses for institutional players.