Goldman Sachs is set to launch tokenization projects by the end of 2024, targeting money market funds and real estate, according to a July 10 report. Fortune reported that Goldman Sachs seeks to leverage public or private blockchains to tokenize real-world assets (RWAs), enhancing investment opportunities. The company’s three projects with major clients include its first in the United States. The bank has previously worked on tokenization projects, including a bond issuance with the European Investment Bank and a sovereign green bond for the Hong Kong Monetary Authority. These initiatives are part of Goldman’s broader strategy to offer digital asset solutions.
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