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CNBC: Goldman Sachs and New York Mellon will launch tokenized money market funds

According to online reports, Goldman Sachs and Bank of New York Mellon have cooperated to launch a blockchain-based tokenization plan for money market funds. BNY clients can now invest in tokenized money funds through the Goldman Sachs platform, and their positions have been linked. The project has attracted the participation of large asset management institutions such as BlackRock, Fidelity, and Federated Hermes, aiming to build a real-time, low-friction digital financial infrastructure.

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