Goldman Sachs Put Crypto Trading Desk on Hold, Focuses on Developing a Custodian Crypto Product

Goldman Sachs Put Crypto Trading Desk on Hold, Focuses on Developing a Custodian Crypto Product

A fresh report from Business Insider discloses that Goldman Sachs’ much-publicized plans to open a cryptocurrency trading desk may have been put on hold. Instead, the Wall Street giant is said to be creating a custody product for cryptocurrency, which would be geared mainly towards institutional clients. If the Business Insider piece is to be … Continue reading Goldman Sachs Put Crypto Trading Desk on Hold, Focuses on Developing a Custodian Crypto Product

Goldman Sachs Plans To Offer Custody Services For Crypto Funds

Goldman Sachs Plans To Offer Custody Services For Crypto Funds

Goldman Sachs is one of those organization whom people look up to. There is a burgeoning universe where the amount of funds betting on various kinds of cryptocurrencies is huge. This is the reason why Goldman Sachs Group Inc. believes that they can offer a boost to this man-made universe a.k.a the crypto market. The … Continue reading Goldman Sachs Plans To Offer Custody Services For Crypto Funds

Pro-Crypto David Solomon to be Appointed as New Goldman Sachs CEO

Pro-Crypto David Solomon to be Appointed as New Goldman Sachs CEO

The financial giant Goldman Sachs announced that David Solomon will be taking over the reins at the bank, ending a 12-year-long tenure of the current Chairman and CEO Lloyd Blankfein in October. Mr. Solomon will be appointed to both positions, while the still incumbent Goldman boss will take on a role of Senior Chairman in … Continue reading Pro-Crypto David Solomon to be Appointed as New Goldman Sachs CEO

Goldman Sachs Explores Possibility of More Cryptocurrency Offerings

Goldman Sachs Explores Possibility of More Cryptocurrency Offerings

Goldman Sachs’ COO has hinted that the firm might offer more cryptocurrency trading products and services than its current offering on Bitcoin futures. This is particularly notable seeing as Goldman Sachs’ COO is rumored to replace the current CEO this December. These comments came in an interview with Bloomberg, where Goldman Sachs’ COO, David Solomon, … Continue reading Goldman Sachs Explores Possibility of More Cryptocurrency Offerings