Goldman Sachs Is Considering a Custody Offering for Crypto Funds - Bloomberg
'The firm is considering a plan to offer custody for crypto funds, according to people with knowledge of the matter. '
'Goldman Sachs Group Inc. could offer a boost for the burgeoning universe of funds betting on cryptocurrencies. '
'A formal offering from an institution like Goldman Sachs would provide a credible backing for crypto funds and could pave the way for more investors to bet on the asset class. '
'Goldman Sachs has so far been taking baby steps around cryptocurrencies and hasn’t yet set up a full-fledged desk to trade the currencies since hiring Justin Schmidt earlier this year as head of its digital-asset markets. '
'It was among the first Wall Street firms to clear Bitcoin futures offered by Cboe Global Markets Inc. and CME Group Inc. '
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derram ago
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'The firm is considering a plan to offer custody for crypto funds, according to people with knowledge of the matter. '
'Goldman Sachs Group Inc. could offer a boost for the burgeoning universe of funds betting on cryptocurrencies. '
'A formal offering from an institution like Goldman Sachs would provide a credible backing for crypto funds and could pave the way for more investors to bet on the asset class. '
'Goldman Sachs has so far been taking baby steps around cryptocurrencies and hasn’t yet set up a full-fledged desk to trade the currencies since hiring Justin Schmidt earlier this year as head of its digital-asset markets. '
'It was among the first Wall Street firms to clear Bitcoin futures offered by Cboe Global Markets Inc. and CME Group Inc. '
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