Cryptocurrencies
Goldman Sachs Is Considering Crypto Trades Beyond Futures, Solomon Says
- Securities firm must evolve business and adapt to environment
- Solomon has been seen as frontrunner to replace CEO Blankfein
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Goldman Sachs Group Inc., one of the biggest U.S. investment banks, is exploring cryptocurrency trades beyond the publicly-traded derivatives that it already handles, according to Chief Operating Officer David Solomon.
“We are clearing some futures around Bitcoin, talking about doing some other activities there, but it’s going very cautiously,” said Solomon in an interview with Bloomberg TV in China. “We’re listening to our clients and trying to help our clients as they’re exploring those things too.”