Official press releases from Goldman Sachs or major financial news outlets

Goldman Sachs to Launch Three Tokenization Projects for Real-World Assets Amid $170 Billion Surge by End of 2024

Jul 21, 2024, 02:10 PM

The tokenization of real-world assets is rapidly evolving, with significant implications for liquidity and investment accessibility. Goldman Sachs has announced plans to launch three tokenization projects by the end of 2024, driven by increasing interest from its B2B clients and partners. This trend reflects a broader shift in how assets are stored and exchanged, with tokenized assets now surpassing decentralized finance (DeFi) in total asset value, currently estimated at $170 billion. Experts note that this transformation is democratizing access to investments and enhancing liquidity across various asset classes, signaling a profound change in asset interaction in the Web3 era.