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According to Techub News and a report by CryptoSlate, Mathew McDermott, head of Goldman Sachs' digital asset division, stated at the TOKEN2049 conference in Dubai that the bank plans to launch a 24/7 trading service for tokenized U.S. Treasury bonds and money market fund shares.



Goldman Sachs is currently operating a cryptocurrency derivatives trading desk and plans to launch three tokenization projects in 2025, including a U.S. fund tokenization project and a euro-denominated digital bond. In addition, Goldman Sachs is considering spinning off its digital asset platform (GS DAP) into an independent entity to serve multiple institutions, enhancing efficiency and liquidity.
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