The investment bank is speaking to potential partners to add to the platform’s capabilities and develop new offerings.
Goldman Sachs is preparing to spin out its cryptocurrency platform to create a new company focused on creating and trading financial instruments on blockchain networks, Bloomberg reported on Nov. 18.
The investment bank is speaking to potential partners to add to the platform’s capabilities and develop new offerings, Mathew McDermott, Goldman’s global head of Digital Assets, told Bloomberg.
Tradeweb Markets, an electronic trading platform, will reportedly be among the new entity’s strategic partners.
