Gs Dap product
Overview
GS DAP (Goldman Sachs Digital Asset Platform) is a permissioned blockchain platform built and operated by Goldman Sachs' Digital Assets business since 2022. It applies smart contracts to digitise and manage the full lifecycle of financial assets — issuance, settlement, servicing and redemption — for institutional clients on a shared, immutable ledger, and has been used for digital bond issuance and tokenised asset management. Its most cited live use was arranging a €100 million tokenised bond for the European Investment Bank. On 18 November 2024 Goldman Sachs announced it would explore spinning GS DAP out of the bank into an independent, industry-owned distributed technology solution, subject to regulatory approvals; the stated rationale is that institutions are reluctant to adopt private blockchain infrastructure owned by a competitor. Tradeweb was named as a partner to bring fixed-income trading and liquidity use cases to the platform. The spin-out is therefore a deliberate ownership change rather than a wind-down. GS DAP launched inside Goldman Sachs' Digital Assets business in 2022 and was used to arrange a €100 million tokenised EIB bond. On 18 November 2024 Goldman announced plans to spin the platform out as an independent industry-owned entity, subject to regulatory approval, with Tradeweb collaborating on new commercial use cases.
Within the DeFi Intel graph, Gs Dap connects to 19 tracked entities, most strongly to BlackRock, Digital Asset Holdings, BNY Mellon.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 19 total).
| Relation | Connected entity | Confidence |
|---|---|---|
used_by | BlackRock | 95% |
built_with | Digital Asset Holdings | 95% |
used_by | BNY Mellon | 95% |
operates | Goldman Sachs | 95% |
owned_by | Goldman Sachs | 95% |
launched | Goldman Sachs | 95% |
runs_on | BNY-Goldman Tokenized MMF Solution | 95% |
integrates | European Investment Bank | 95% |
integrates | BNY LiquidityDirect | 95% |
deployed_on | Canton blockchain | 95% |
Frequently asked questions
What is Gs Dap?
Gs Dap is a tokenisation-infra tracked in the DeFi Intel knowledge graph. It is connected to 19 other tracked entities, most strongly to BlackRock, Digital Asset Holdings, BNY Mellon.
What type of entity is Gs Dap?
Gs Dap is classified as a tokenisation-infra (product) in the DeFi Intel knowledge graph.
What is Gs Dap connected to?
In the DeFi Intel knowledge graph, Gs Dap is linked to 19 other tracked entities, most strongly to BlackRock, Digital Asset Holdings, BNY Mellon.
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