News Score: Score the News, Sort the News, Rewrite the Headlines

Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | ReutersGoldman Sachs and Bank of New York Mellon are set to announce that they've created the ability for institutional investors to purchase tokenized money market funds, CNBC has learned.Clients of BNY, the world's largest custody bank, will be able to invest in money market funds whose ownership will be recorded on Goldman's block...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines