Goldman Sachs to Expand Digital Asset Trading and Explore Tokenization

According to Odaily, Mathew McDermott, the Global Head of Digital Assets at Goldman Sachs, announced at TOKEN2049 that the firm plans to expand its digital asset trading activities, explore crypto lending, and heavily invest in tokenization. McDermott noted that an increasing number of Goldman Sachs clients are eager to engage more actively in digital asset trading, prompting the company to focus on implementing these business strategies. The firm aims to secure various regulatory approvals to facilitate these initiatives. Previously, Goldman Sachs was primarily involved in secondary market transactions such as private equity, but it now intends to advance tokenization and collateral liquidity operations.