Goldman Sachs plans to go all in on digital assets and tokenization
By: bitcoin ethereum news|2025/05/02 16:45:03
0
Share
Goldman Sachs has announced its intention to expand its digital asset operations with an emphasis on tokenization and crypto lending. Within the traditional financial sector, there has been a growing interest in offering cryptocurrency services to clients. Goldman Sachs is joining the ranks of other banks like Morgan Stanley and Charles Schwab that intend to launch cryptocurrency trading services for their clients. Goldman Sachs talks expansion into digital asset trading and tokenization At the TOKEN2049 event, Mathew McDermott, the Global Head of Digital Assets at Goldman Sachs, explained Goldman Sachs’ plans to expand its digital asset trading offerings. He stated that the company was looking into exploring crypto lending and making substantial investments in tokenization. The firm intends to meet its increasing client demand for digital asset services with this move. It also intends to secure the required regulatory approvals to ease the progress of these initiatives. Tokenization, which is the process of converting real-world assets into digital tokens on a blockchain, is a central focus of Goldman Sachs’ strategy. The firm aims to enhance liquidity and streamline its asset management processes through tokenizing assets such as private equity, bonds, and other financial instruments. Goldman Sachs’ digital asset platform, GS DAP, plays an important role in this tokenization expansion strategy as it is designed to digitize and manage users’ assets in real-time while providing interoperability with other platforms and networks. Goldman Sachs announced in November 2024 that it was developing its digital asset platform into an industry-owned distributed technology solution and collaborating with partners like Tradeweb to bring new commercial use cases to the platform. The platform supports various asset classes, including debt and cash solutions. The banking industry is merging with the crypto sector Several major banks plan to expand their operations to include cryptocurrency offerings in 2025 and 2026. The influx of interest in cryptocurrency services from these banks is due to the current favorable regulatory environment under the Trump administration. The current U.S. government has relaxed the previous restrictions on banks engaging in crypto activities. Morgan Stanley announced plans to introduce cryptocurrency trading on its E*Trade platform by 2026. The project is an attempt to provide retail investors with direct access to cryptocurrencies like Bitcoin and Ethereum. Morgan Stanley is currently exploring partnerships with established crypto firms to achieve this goal. In 2026, both Charles Schwab and State Street will be launching their crypto services. Charles Schwab is preparing to offer crypto trading services, while State Street plans to launch its crypto custody services. State Street’s entry is most notable as the company has $46T in assets under custody. The firm previously partnered with Taurus for custody technology. Citigroup is also preparing to enter the crypto custody arena. The company is currently exploring ways to offer secure storage solutions for digital assets. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now Source: https://www.cryptopolitan.com/goldman-sachs-all-in-on-digital-assets/
You may also like
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...
Why do cryptocurrency projects always like to change their names?
In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.
Who is footing the bill for the $64 billion accounting frenzy?
Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.
I never expected that the first application of AI x Crypto would be in security auditing
AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.
What is your view on Binance's competitive advantages?
When the dividends of rule arbitrage gradually approach zero, can we produce product strength, governance capability, and trust that are commensurate with its scale?
ETH has entered a non-consensus phase, and the turning point is approaching!
This has nothing to do with the Ethereum Foundation or Ethlabs; Ethereum needs to win by solving real problems.
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
It can continue to question the cost-effectiveness of stablecoins in the G10 currency corridor, but it cannot ignore the structural opportunities of stablecoins in emerging markets, corporate finance, and on-chain settlements.
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
The living space is constantly being compressed.
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?
Bitcoin vs. gold in 2026: Why are both assets falling, and what does their changing correlation mean? Discover what drives Bitcoin and gold prices and how traders can navigate different market conditions.
The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough
The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.
Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies
Overview of Important Market Events on June 24
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]
