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The inside source made assertions that Goldman Sachs is avoiding cryptocurrency brokerage services which are currently being provided by a number of US-based cryptocurrency exchanges including Coinbase, and Gemini amongst others.American multinational investment bank and financial services company Goldman Sachs Group Inc (NYSE: GS) is reportedly planning an entry into
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U.S. banking powerhouse Goldman Sachs has issued a request for information (RFI) to explore digital asset custody, according to a source inside the bank.When asked about timing, the Goldman source said the bank’s custody plans would be “evident soon.”Goldman’s digital asset custody RFI was circulated to at least one well-known
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In an interview with CNBC, Currie said Bitcoin’s remarkable run has attracted greater institutional interest, but noted that smart-money investors are still a tiny fraction of the overall market. They will need to come in droves for Bitcoin to become a stable asset and avoid a flash crash like we
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The crypto trading/investment management platform is also considering the possibility of a merger with a special purpose acquisition company. Source
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Alphabet through Google Cloud has identified a huge gap in the Saudi Arabia cloud infrastructure and intends to fill it despite the impending competition. As 2020 financial books come to a close and welcome a new year, Alphabet Inc (NASDAQ: GOOGL) has been working on delivering a better financial year despite
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Interestingly, Coinbase co-founder and board member Fred Ehrsam is a former trader at Goldman Sachs.The Coinbase exchange announced on Thursday that it had filed for an IPO with the Securities and Exchange Commission (SEC). A report by Business Insider asserts that Coinbase has reached out to Goldman Sachs in hopes
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Digital currency exchange Coinbase has reportedly approached Goldman Sachs to lead its upcoming initial public offering — a move that could bolster the appeal of cryptocurrencies to a broader mainstream audience. Citing two sources familiar with the matter, Business Insider reported Friday that Coinbase is looking to Goldman Sachs to handle
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Goldman Sachs is reportedly one of several financial institutions to sign on to JPMorgan’s custom blockchain service — a sign that more broker-dealers were looking to take advantage of digital currencies for their repo operations.In an interview with Bloomberg, Scott Lucas, head of blockchain markets at JPMorgan, said the investment
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Despite that Robinhood had not officially announced the IPO, the sources stated that the trading company would go public before the end of 2021 Q1.Trading platform Robinhood Markets Inc has chosen investment banking company Goldman Sachs to lead its initial public offering (IPO) in 2021. The trading app also hopes that the
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Trading app Robinhood has chosen Goldman Sachs to lead the way for an initial stock offering which could come in 2021 and value the trading app firm at more than $20 billion, people familiar with the matter told the N.Y. Post.The story is developing and will be updated as more
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