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      tldr; JPMorgan Chase views Goldman Sachs‘ partnership with BNY Mellon as a major advancement for tokenized money market funds, leveraging blockchain technology. The initiative involves major financial firms like BlackRock and Fidelity, aiming to expand use cases for money market funds, including their use as collateral. JPMorgan highlights the growing interest in tokenization and stablecoins amid increasing regulatory clarity, signaling broader integration with traditional financial systems.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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