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Goldman Sachs & BNY Confirm Bringing Onchain $7.1 Trillion Market!!! Figma DLT Plans!! THIS IS BIG!!

#Cryptocurrency
2025-08-07 20:2610 min read

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The video discusses the potential for a major economic boom driven by a new monetary policy regime, possibly with a new central bank chair, and the increasing adoption of Distributed Ledger Technology (DLT). It highlights Goldman Sachs and BNY Mellon joining forces to tokenize $7.1 trillion in the money market industry and Figma's potential IPO using blockchain common stock. The video also notes that there's a long way to go with tokenization, as currently only a small fraction of global stock market value is tokenized. A clip discusses the broader societal impact of blockchain beyond finance. The speaker views blockchain as potentially transformative and states it's a way for individuals to trust one another to enable a globalized system.

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Federal Reserve

Donald Trump criticized the Federal Reserve, stating interest rates are too high and should be at 1% instead of 4%. Lowering rates would save over $1 trillion and stimulate the economy, potentially leading to a major economic boom. A new, more accommodating Federal Reserve chair is anticipated, further fueling this.

DLT Technology

DLT (Distributed Ledger Technology) is expected to drive a financial sector boom, similar to the impact of shipping containers on global trade, potentially increasing the shipping industry by 700%. This technology standardizes how financial processes are done, similar to container standardization for shipping.

Tokenization

Goldman Sachs and BNY Mellon are joining forces to transfer $7.1 trillion in the money market industry using digital tokens, allowing institutional investors to purchase tokenized money market funds via Goldman's blockchain platform. BlackRock and Fidelity are among the firms signed up. Tokenization is expanding beyond money market funds to tokenize everything, aligned with Larry Frink's goal and vision.

Figma IPO

Figma, valued at around $16 billion and used by many large institutional players, is potentially launching its IPO using distributed ledger technology. In its S1 filing, Figma authorized the issuance of undesignated preferred stock and blockchain common stock, signaling a move towards offering shares in the form of blockchain tokens.

Tokenized Equities

Tokenized equities are becoming widespread, though currently only about $0.5 billion has been tokenized globally, primarily on Algorand, where Exodus issued its stock. Comparatively, the global stock market is worth over hundreds of trillions of dollars, signaling vast growth potential for tokenization."

Globalized System

The total cryptocurrency market is expected to reach $6.3 trillion. Blockchain technology is fundamentally changing society, enabling trust among individuals and creating new industries. This is seen as leading towards a globalized system, where DLT serves as a key missing piece.

Internet of Trust

The journey of blockchain technology since 2018 has been toward creating a new "Internet of Trust." Originally the Internet was a closed network, but eventually that network became untrusted so a cyber security industry was created to protect us from each other. With Blockchain having the ability to change society it aims to implement a safe way for individuals to trust one another.

Related questions&answers

What is the speaker's opinion on the Federal Reserve?

The speaker believes the Federal Reserve has done a terrible job and should raise interest rates. They argue that interest rates should be at 1% instead of the current 4%, which is costing over a trillion dollars in interest payments.

What does the speaker think about money creation?

The speaker implies that they think the new central bank chair is going to lower interest rates. Because lower interest rates mean cheaper money, the speaker suggests more people can take that money and invest it in markets, which means positive effects.

What are the speaker's thoughts on the future?

The speaker suggests that there may be a major economic boom on the back end of some new, ongoing revolutions and that DLT technology, for example, is going to encourage a major financial sector boom that results in major economic change due to the increase in adoption.

What is the significance of the partnership between Goldman Sachs and BNY Melon?

It signals a significant move towards tokenizing traditional financial assets. They are working together to transfer $7.1 trillion in the money market industry with digital tokens, allowing institutional investors to purchase tokenized money market funds. This is characterized as the "floodgates" truly opening.

What is the speaker's viewpoint on Figma's IPO?

That Figma's IPO may be a good indication of the beginning of stock markets using distributed ledger technology.

What's is the speaker's comment on blockchain's impact?

They suggest that blockchain is larger than and extends beyond solely the financial sector and into society itself to be able to change it.

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