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Goldman Sachs plans to launch a tokenization project for U.S. Treasury bonds and funds in 2025.
According to Gate.io News bot, CryptoSlate reports that Matthew McDermott, head of digital assets at Goldman Sachs, announced that Goldman Sachs is preparing to tokenize U.S. Treasury bonds and money market funds, allowing for 24/7 trading on the blockchain.
Goldman Sachs has established a specific timeline to launch three tokenization projects in 2025, including the first U.S. fund tokenization project and a digital bond priced in euros. This move aims to meet clients’ trading needs for on-chain assets and to promote the integration of traditional assets into blockchain infrastructure.