Summary
Goldman Sachs is leading the way in digital asset investment, offering liquidity in cash-settled derivatives, options, and futures crypto trading. The bank believes regulated institutions will drive innovation in the space and is hopeful about policy developments that allow more financial institutions to enter. Compliance hurdles may slow down expansion into public blockchains, but Goldman Sachs is monitoring the situation closely.
Key Points
1. Goldman Sachs has been a pioneer in the traditional financial sector with its investment in the digital asset ecosystem, offering liquidity in cash-settled derivatives, options, and futures crypto trading.
2. Goldman Sachs has long promoted crypto and blockchain technology, advocating for regulated, traditional financial institutions to lead the path of innovation in the space.
3. Policy developments around the digital asset space are encouraging, allowing more financial institutions to enter the space, although there are compliance hurdles to expanding on-chain services via public blockchains.