GOLDMAN SACHS TO ROLL OUT TRIO OF TOKENIZATION PROJECTS BY END OF YEAR

Summary from the TLDR Crypto newsletter

Goldman Sachs' global head of digital assets, Mathew Mcdermott, says the bank plans to launch three tokenization projects before the end of 2024. These projects will create marketplaces for tokenized assets, increase transaction speeds, and diversify collateral options. Goldman views tokenization as a critical area of opportunity and differentiates itself from BlackRock and Franklin Templeton by focusing on institutions.