Goldman Sachs and BNY Mellon are collaborating to modernize the $7.1 trillion money market industry using digital tokens. The partnership will enable BNY Mellon's clients to invest in money market funds, with ownership recorded on Goldman Sachs' blockchain platform. This initiative aims to increase efficiency, transparency, and accessibility within the money market sector by leveraging distributed ledger technology. The move signals a growing trend of traditional financial institutions embracing blockchain for asset management and investment solutions, potentially paving the way for wider adoption of digital assets in mainstream finance.