Goldman Sachs moves $100B Treasury fund onto digital asset rails

Goldman Sachs is proving that the industry’s obsession with tokenization is a waste of time. While BlackRock scrambles to issue shares on-chain, Goldman is moving its $100 billion Treasury fund onto digital rails without tokenizing a single share. This suggests blockchain is just a glorified settlement pipe, not a revolutionary way to hold assets. If we don't need tokens for real-time liquidity, is the "tokenization" dream actually dead? Or is Goldman missing the point?
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