In 2020, Goldman’s digital asset global head Matthew McDermott said that the bank was contemplating its own cryptocurrency, possibly a stablecoin. He also hinted at a potential collaboration with social media giant Facebook (now known as Meta) or with banking rival JPMorgan, which launched its own in-house token, JPM coin, in 2020.
Related posts
-
Goldman Sachs’ Bold Bet: Bank Boosts Its Bitcoin ETF Stake to $710 Million
The substantial increase in Goldman Sachs’ bitcoin ETF holdings demonstrates the growing interest of institutional investors... -
Flockerz presale crosses $1.8 Million; geared to be the best meme coin investment
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Goldman Sachs owns more than $710m in Bitcoin ETF
Goldman Sachs’ latest SEC filing revealed that the global investment firm holds approximately $718 million worth...