Goldman Sachs Expands Into Crypto Trading and Tokenization
Key Notes
- Goldman Sachs aims to expand its crypto trading operations.
- The firm is exploring crypto lending and asset tokenization.
- Expansion plans await regulatory approval from authorities.
Goldman Sachs recently announced its intention to strengthen its presence in the crypto ecosystem through initiatives in tokenization and lending. This was revealed by Matthew McDermott, the bank’s global head of Digital Assets, while speaking with CNBC’s Dan Murphy during the TOKEN2049 event in Dubai.
McDermott explained that the investment bank is planning to expand its crypto trading operations, while also exploring opportunities in crypto lending and tokenization.
He further noted that an increasing number of…
