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​Mathew McDermott Says Goldman Sachs Will Expand Its Products in Cryptocurrency

Amy Liu

Summary: Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, said that the company will continue to expand its products in the cryptocurrency field to meet growing demand. McDermott stated that the firm is “only just starting to offer…clients access to the crypto space because of an uncertain “regulatory landscape.”  He said that the firm ...

Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, said that the company will continue to expand its products in the cryptocurrency field to meet growing demand. McDermott stated that the firm is “only just starting to offer…clients access to the crypto space because of an uncertain “regulatory landscape.” 

He said that the firm was “looking into offering lending structures in and around the crypto space to corporate clients as well as structured notes,” and that it would “offer access to cryptocurrencies, specifically bitcoin, via fund or structured note-like products” for its wealth management clients.

By Amy Liu

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