01 /
Brief
GS DAP platform for tokenized fund record-keeping. Launched tokenized MMF solution with BNY (July 2025), with BlackRock, Fidelity, and Federated Hermes as initial participants. Spinning GS DAP out as industry-owned infrastructure.
02 /
Snapshot
Key terms and identifiers.
- Asset classes
- Treasuries
- Token standards
- erc-20
- Regulatory
- sec-reg-d, dtcc-settlement-2026, singapore-mas
- Jurisdiction
- USAPAC
03 /
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.



