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Goldman May Soon Offer Bitcoin To Wealth Management Clients

By John F. Heerdink, Jr.

Goldman Sachs Group Inc (GS) is reportedly planning to offer investment vehicles for Bitcoin and other digital assets to its private wealth management unit clients. 

″We are working closely with teams across the firm to explore ways to offer thoughtful and appropriate access to the ecosystem for private wealth clients, and that is something we expect to offer in the near-term,” stated Mary Rich, who was recently named as global head of digital assets for the unit.

The bank hired a crypto trader, three years ago to help lead digital-asset markets aiming to familiarize people in the company as well as clients with cryptocurrencies. Recently the firm has played down the idea of Bitcoin as an asset class.

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. To learn more about The Goldman Sachs Group, Inc. (GS) and to continue to track its progress please visit the Vista Partners Goldman Sachs Group, Inc. (GS), Coverage Page

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(Read Original Story: Goldman Close to Offering Bitcoin to Wealth Management Clients in Bloomberg)


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