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🧠GOLDMAN SACHS EMBARKS ON TOKENIZATION

🧠GOLDMAN SACHS EMBARKS ON TOKENIZATION

Day: 11 | Time: 00:56:33 Goldman Sachs is preparing to launch three tokenization projects by the end of the year for major institutional clients. Tokenization, which involves converting real assets into digital tokens, presents a crucial opportunity for the bank due to increasing customer demand. The projects will focus on markets for tokenized assets, transaction acceleration, and asset collateral diversification. Additionally, Goldman Sachs may expand its presence in the cryptocurrency sector by including custody services, provided there are regulatory changes from the government. The bank is following the trend of institutional interest in the tokenization of real assets, as demonstrated by the success of BlackRock's BUIDL fund.

Goldman Sachs Tokenization Project Image