BNY Mellon and Goldman Sachs are working together on a tokenized money market fund (MMF) product. The product will allow fund managers to subscribe to MMF shares that earn a tokenized representative.

Speculation in the railroad industry has intensified in recent weeks following reports that Union Pacific (NYSE:UNP) is exploring a takeover of Norfolk Southern (NYSE:NSC). The proposed deal would ...

Goldman Sachs and BNY Mellon launch blockchain-powered system for tokenizing traditional financial assets in the US, aiming to improve fund utility and enable use as collateral.

The Wall Street banking giants are joining to a growing roster of global financial firms to offer tokenized versions of assets.

The Bank of New York Mellon is to employ blockchain technology developed by Goldman Sachs to maintain a record of customers’ ...

Goldman Sachs and Bank of New York Mellon are rolling out a system that lets big investors buy tokenized money market funds.

Bank of New York Mellon Corp. and Goldman Sachs Group Inc. are collaborating to use blockchain technology to maintain an ...

Goldman Sachs (NYSE:GS) and BNY Mellon (NYSE:BK) have announced they will soon offer tokenized money market funds.

BNY, the world's largest custodian bank, will employ blockchain technology developed by investment bank Goldman Sachs to maintain a record of customers' ownership of select money market funds. The ...

(Reuters) -Goldman Sachs and BNY have joined hands to launch digital tokens that mirror shares of money market funds, ...

Goldman Sachs and BNY Mellon will offer tokenized money market funds, enabling real-time settlement and blockchain-based ownership for institutional clients.