Goldman Sachs to expand crypto trading and tokenisation.
The move is driven by strong client demand for digital assets.
Regulatory approval is still pending before full rollout.
Goldman Sachs is stepping deeper into the crypto space, with plans to expand its services to include cryptocurrency trading, lending, and tokenisation. Mathew McDermott, Goldman Sachs’ global head of crypto, unveiled the company’s new digital asset strategy through a keynote speech at TOKEN2049, one of the most prominent crypto events.
As per McDermott, the move is an indication of growing client demand for crypto services that compels the financial giant to accept digital assets more widely. The step marks a major transformation in traditional finance, signalling that even the old guard institutions believe the imperative to evolve or be left behind.
Tokenisation and Crypto Lending on the Horizon
McDermott explained that Goldman Sachs is not only growing its trading services but also ventur
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