Tokenized Corporate Bonds
Tokenized corporate bonds represent ownership of corporate debt on a blockchain, enabling same-day issuance, automated coupon payments, and T+0 settlement — with Goldman Sachs GS DAP and BNY Mellon leading US institutional issuance.
Goldman Sachs GS DAP: Building a Private Blockchain for Institutional Digital Asset Markets
Goldman Sachs' Digital Asset Platform (GS DAP) has tokenized $700M+ in digital bonds for the European Investment Bank and others. Goldman's approach uses a permissioned blockchain to modernize capital markets infrastructure while maintaining regulatory control.