The Bank of New York Mellon (NYSE:BK), also known as BNY, is teaming up with Goldman Sachs Group (NYSE:GS) to use blockchain technology developed by Goldman to keep a record of customers' ownership of certain money market funds ("MMF"),

The banking giants join a growing list of traditional financial firms seeking to bring crypto technology to assets ranging from stocks and investment funds to commodities.

The Wall Street banking giants are joining to a growing roster of traditional financial firms to offer tokenized versions of assets.