Goldman Sachs Asia Pacific Digital Assets Director: Goldman Sachs is also actively promoting asset tokenization and investing in blockchain infrastructure companies
"YOLO" type retail investors are once again flocking to the cryptocurrency market, and at the same time, Goldman Sachs hedge fund clients are also joining in. Max Minton, head of digital assets for Goldman Sachs Asia Pacific region, revealed that recent ETF approvals have led to a surge in client interest and trading activity. The bank launched a crypto trading platform last year offering Bitcoin and Ethereum futures as well as related options trading, and is currently expanding its customer base to asset management companies and banking clients. Clients use crypto derivatives for targeted betting, enhancing returns and hedging; Bitcoin and Ethereum products are the focus of attention. Goldman Sachs is also actively promoting asset tokenization, investing in blockchain infrastructure companies showing strategic layout towards the digital asset field.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sky Protocol spent 1.9 million USDS last week to buy back 34.1 million SKY tokens.
1inch and Blockscan launch 1inch Cross-Chain Swap Scanner, offering seamless cross-chain DeFi activity
CME Group to launch XRP and SOL futures based on spot prices
Federal Reserve's Mester: A faster pace of rate cuts would approach the neutral rate