Goldman Sachs has once again made global headlines as it unveiled its strategic plans to introduce three tokenization projects by year-end. The project is part of a strategic initiative to attract institutional clients with new tokenization projects. The firm’s digital assets head McDermott stated that the bank views tokenization as a vital opportunity for expanding its footprint. Mainly, the project will focus on curating marketplaces for tokenized assets, ensuring enhanced transaction speeds, and diversifying the types of assets available for collateral.

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