Goldman Sachs' decision to enter the crypto space with tokenization products reflects a strategic move amidst a growing demand from institutional clients for digital assets.
Matthew McDermott emphasized that the firm’s expansion into tokenization is a response to evolving market dynamics and client needs.
By focusing on Real-World Assets (RWAs) such as real estate and money market funds, Goldman Sachs aims to enhance liquidity and accessibility for these traditionally illiquid assets.
McDermott underscored the importance of designing products that appeal to venture capitalists, highlighting the recent digital asset summit in London where feedback from investors shaped their strategy.
With over ten Bitcoin ETFs listed this year and regulators reviewing spot Ether ETF registrations, Goldman Sachs anticipates leveraging these developments to bolster its crypto offerings and capture market opportunities.
Tether, the leading issuer of stablecoins, is phasing out support for five older blockchains.
Germany’s state-owned development bank NRW.BANK has issued a €100 million ($116.7 million) blockchain-based bond, marking one of the largest public-sector entries into digital securities in Europe.
New data highlights a dramatic lead for Solana in blockchain activity for June 2025. According to the figures, Solana processed a staggering 2.98 billion transactions, far outpacing all other chains in the ecosystem.
According to new insights from market intelligence platform Santiment, development activity in the crypto sector’s AI and Big Data segment remains strong, with several major projects showing notable GitHub activity over the past 30 days.