PANews reported on May 3 that on May 3, according to CryptoSlate, Mathew McDermott, head of Goldman Sachs' digital assets department, said 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 currently operates a crypto 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 splitting its digital asset platform (GS DAP) into an independent entity to serve multiple institutions and improve efficiency and liquidity.