Goldman Pitches Blockchain in Sleepy Municipal Bond Market

Goldman Sachs Group Inc. is bringing blockchain to the $4 trillion municipal-bond market.

The Michigan State University board of trustees is evaluating the sale of municipal bonds to finance a new $38 million multicultural center on campus. It’s expected that the proposed debt will be “registered on a proprietary digital assets platform” provided by Goldman that is “based on private‐permissioned blockchain technology,” according to a regulatory filing on Wednesday.

The filing didn’t provide more details on Goldman’s platform. The structure and size of the deal may change. A spokesperson for Goldman declined to comment. A spokesperson for Michigan State ...