- Goldman Sachs (NYSE:) will offer digital assets as part of its private wealth management services.
- The bank may offer bitcoin investment funds similar to Morgan Stanley (NYSE:)
- The initiative is led by Mary Rich, recently appointed Global Head of Digital Assets.
The newest company to jump on the crypto bandwagon is Goldman Sachs. As more companies make a move towards cryptocurrency, Goldman Sachs is also planning to join by the second quarter. The bank is currently looking at offering digital assets as part of its wealth management services.
The bank’s private wealth management business mostly targets investors with above $25 million to invest. As values for cryptocurrencies creep higher and higher, Goldman Sachs is seeing the potential for expansion in this industry. Reportedly, the bank may offer bitcoin investment funds,
This article was first published on coinquora.com
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