TechFlow news, on May 3, according to CryptoSlate, Mathew McDermott, head of Goldman Sachs' digital assets division, said at the TOKEN2049 conference in Dubai that the bank plans to launch a 24/7 trading service for tokenized U.S. Treasury bonds and money market fund shares.
Goldman Sachs currently operates a crypto derivatives trading desk and plans to launch three tokenization initiatives in 2025, including a U.S. fund tokenization project and euro-denominated digital bonds. Additionally, Goldman Sachs is considering spinning off its digital asset platform (GS DAP) into a standalone entity to serve multiple institutions and enhance efficiency and liquidity.




