Goldman Sachs looks to offer bitcoin investment vehicles in the second quarter
Goldman Sachs reportedly aims to offer bitcoin and other crypto investment vehicles to private wealth management clients in the second quarter.
CNBC reported the news on Wednesday, citing Golman’s Mary Rich, who was recently named global head of digital assets for the bank’s private wealth management division.
“There’s a contingent of clients who are looking to this asset as a hedge against inflation, and the macro backdrop over the past year has certainly played into that,” said Rich. “There are also a large contingent of clients who feel like we’re sitting at the dawn of a new Internet in some ways and are looking for ways to participate in this space.”
This is a developing story and will be updated…
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Author: Yogita Khatri
