Goldman Sachs has officially entered the digital world

Goldman Sachs has entered the new, digital age of cryptocurrencies, according to a memo distributed internally to the bank’s executives.


In particular, according to the American news network CNBC, the executives of the American investment bank were informed that there is now a cryptocurrency office, which trades two derivatives related to Bitcoin. It will be headed by Rajesh Venkataramani.


Goldman Sachs, a global bank offering fixed income products and stocks, was considering setting up a bitcoin exchange office since 2017.


The company set up the cryptocurrency trading team in March, Reuters reported.


According to CEO David Solomon, Goldman Sachs said it was seeking to expand its market presence by “selectively boarding”.


The Bank also said it was launching a new software platform this week that provides price information and news on cryptocurrencies.