Goldman Sachs GS DAP

Atlas Verdict

Goldman Sachs GS DAP is under active Atlas coverage with live issuer, risk, and verification data sourced from Supabase.

Goldman Sachs GS DAP represents a major Wall Street bank's institutional tokenized settlement infrastructure, launched in 2022 as a pilot program for fund settlement and expanded in 2023. The platform operates on a private permissioned blockchain network, facilitating tokenized deposits and settlement services exclusively for institutional clients including asset managers, pension funds, and corporate treasuries. GS DAP integrates with Goldman's existing prime brokerage and custody services, enabling same-day settlement of fund transactions through tokenized representations of USD deposits. The platform is regulated under OCC banking supervision and operates within Goldman's existing regulatory framework. Unlike public tokenized deposits, GS DAP focuses on B2B settlement efficiency rather than retail accessibility.

AUM / Size~$5.0B

Risk Score3.7

Verification3.0

BadgeATLAS MONITORED

Risk3.7

Transparency7.5

Verification3.0

TOKENIZED TREASURIESATLAS MONITOREDTokenized Treasuries

← Directory Request Full Access

Risk LevelMODERATE

CategoryTokenized Treasuries

JurisdictionUnknown

Chain Footprint1 Chain

Issuer Identification

Live Atlas SectionS0Updated 2026-04-02 15:48:34.902+00

Issuer ID: RWA-017 | Legal Issuer: The Goldman Sachs Group, Inc. (Delaware) | Platform: GS DAP (Digital Asset Platform) | Asset Class: TOKENIZED DEPOSITS / SETTLEMENT INFRASTRUCTURE | Structure: Tokenized Fund Settlement; Permissioned Blockchain Network | Jurisdiction: United States | Launch: 2022 (pilot); 2023 (institutional rollout) | Primary Chain: Private Permissioned Network | Investor Access: INSTITUTIONAL ONLY | Regulatory: BANK REGULATED / OCC OVERSIGHT | Transparency: LIMITED INSTITUTIONAL DISCLOSURE

Issuer Overview

StructureInstitutional platform

Asset ClassTOKENIZED TREASURIES

Investor TypeInstitutional / KYC

Min InvestmentVaries by product

Token StandardTokenized asset

Coverage StatusLive sections synced • 2026-04-02 18:14:27.492+00

Chain Infrastructure

Chain Footprint1 Chain

Chain Count1 chain

All Deployed Chains

ethereum

Market Position

Live Atlas SectionS12Updated 2026-04-02 18:13:10.654+00

Goldman Sachs GS DAP positions as the institutional gateway for traditional asset managers entering tokenized settlements. Unlike pure-play RWA issuers (Ondo, Mountain Protocol), GS DAP leverages Goldman's $2.6T AUM and prime brokerage relationships to offer tokenized fund settlement infrastructure. Primary competitors include JPMorgan's JPM Coin for institutional payments, State Street's digital custody platform, and BNY Mellon's blockchain settlement services. GS DAP targets institutional asset managers, pension funds, and sovereign wealth funds seeking blockchain settlement efficiency while maintaining traditional custody relationships. Key differentiator is integration with Goldman's existing prime brokerage, securities lending, and repo operations. Distribution strategy focuses on existing institutional relationships rather than retail tokenization platforms like Securitize or Harbor. The platform emphasizes regulatory compliance and institutional-grade infrastructure over yield-generation products.

Atlas ClassificationGoldman Sachs GS DAP positions as the institutional gateway for traditional asset managers entering tokenized settlements

Related issuers in Tokenized TreasuriesView all →