- Goldman Sachs will introduce 24/7 trading for tokenized traditional assets.
- This initiative aims to enhance digital asset liquidity.
- Goldman Sachs leads innovation in financial markets digitization.
Goldman Sachs has announced its plans to launch 24/7 trading for tokenized U.S. Treasurys and money market funds by 2025, as revealed during the TOKEN2049 conference in Dubai.
Goldman Sachs’ move to tokenize U.S. Treasurys aims to boost blockchain-based financial asset trading, potentially transforming traditional markets.
The initiative is led by Mathew McDermott, who announced that the firm plans three significant tokenization projects by 2025. Tokenized U.S. Treasurys and money market funds are set to have 24/7 trading, while a Euro-denominated digital bond is also on the agenda.
These ventures aim to integrate traditional assets into blockchain infrastructure. Immediate impacts include enhanced accessibility and trading efficiency for investors. Financial markets may experience increased liquidity and improved operational efficiency, supporting a more dynamic trading environment.
The tokenization of traditional assets aligns with broader industry trends, offering faster and more secure transactions within secure, transparent frameworks.
As traditional financial instruments embrace blockchain technology, Goldman Sachs’ initiative could herald changes in financial regulations and market structures.
“This initiative represents a significant step in bringing traditional financial assets onto blockchain infrastructure.” – Mathew McDermott, Head of Digital Assets, Goldman Sachs
Historical trends suggest a shift towards digital assets, potentially reshaping global financial landscapes. By 2025, reliance on blockchain is anticipated to rise, suggesting significant future advancements.
