Goldman Sachs is set to launch three tokenisation projects in 2024, aiming to differentiate its offerings and cater to institutional clients.

The first project will focus on the US market, utilising private blockchains to ensure compliance and improve transaction speeds.

This move aligns Goldman Sachs with other traditional finance giants like BlackRock and Fidelity, who have entered the crypto space through initiatives like Bitcoin (CRYPTO:BTC) ETFs.

The bank sees significant potential in tokenising Real World Assets (RWA), which could create new marketplaces and diversify asset types available for collateral.

The rise of Bitcoin and Ethereum (CRYPTO:ETH) ETFs is expected to enhance liquidity, attracting more institutional investors to the tokenisation market.