Goldman Sachs Is Planning Grand Entry into Crypto Space with Custody Service
Jan 16 2021 · 12:05 UTC | Updated
Jan 18 2021 · 08:54
by Benjamin Godfrey · 3 min read
Photo: Depositphotos
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The inside source made assertions that Goldman Sachs is avoiding cryptocurrency brokerage services which are currently being provided by a number of US-based cryptocurrency exchanges including Coinbase, and Gemini amongst others.
American multinational investment bank and financial services company Goldman Sachs Group Inc (NYSE: GS) is reportedly planning an entry into the cryptocurrency ecosystem through the offering of cryptocurrency custody service. According to a report by Coindesk, citing sources familiar with the matter, Goldman Sachs has issued a request for information (RFI) to explore digital asset custody and the bank’s plans will be made “evident soon.”