Goldman Sachs is not lagging behind in the area of digital assets, which is confirmed by the company’s leaked memorandum. This world-renowned investment bank based in New York is launching the so-called digital asset dashboard that will provide clients with all the important market information. It’s only been a few weeks since we informed you that Goldman’s Sachs will soon allow its clients to invest in Bitcoin and other cryptocurrencies, and this world’s leading investment banking, securities, and investment management company seems to have taken this very seriously. Rajesh Venkataramani, Head of Foreign Exchange Options Trading at GCEM, also commented on the situation.
“As part of our initial launch, we have successfully executed Bitcoin (BTC) NDFs and CME BTC future trades on a principal basis, all cash settling.”
In the mentioned leaked memorandum, which was discovered by CNBC, we also learn that the company has created a team of cryptocurrency traders, which will function as the so-called centralized office for clients to minimize the potential risk of cryptocurrencies. However, Goldman Sachs made its first preparations for cryptocurrencies last summer when it appointed a new global head of digital assets. It was at this time that we learned that the company was considering creating its own fiat digital token.