## Northern Trust Enters Tokenized Treasury Market Through BNY Partnership on Goldman Platform
Northern Trust Asset Management has launched a tokenized share class of its NIF Treasury Instruments Portfolio marking the firm formal entry into the digital assets marketplace. The structure utilizes distributed ledger technology to maintain a digital mirror of share ownership while the underlying portfolio continues investing in short-term US Treasury instruments. According to the announcement the tokenized shares will initially be distributed through BNY LiquidityDirect platform which operates on Goldman Sachs Digital Asset Platform. Notably the fund itself does not utilize blockchain technology or invest in crypto assets instead authorized intermediaries will maintain blockchain-based ownership records for institutional clients. Northern Trust manages approximately 1.4 trillion dollars in assets as of December 31 including 355 billion dollars in liquidity strategies. The tokenized treasury fund market has grown significantly with nearly 11 billion dollars in US Treasury debt currently represented on public blockchains making it the largest category of tokenized real-world assets.
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- **Source**: 
- **Sector**: The Vault
- **Tags**: northern trust, tokenized treasury, bny, goldman sachs, digital assets
- **Credibility**: unverified
- **Published**: 2026-03-02 19:06:52
- **ID**: 1561
- **URL**: https://whisperx.ai/en/intel/1561