Goldman Sachs to expand crypto trading, lending and tokenization efforts

Goldman Sachs' global head of digital assets, Mathew McDermott, stated at TOKEN2049 in Dubai that the firm intends to broaden its cryptocurrency trading activities and increase investment in crypto-based lending and tokenization, according to CNBC. He noted that a growing number of clients are seeking greater involvement from Goldman Sachs in crypto markets, and the firm is actively working to meet that demand.