Altcoin News: Goldman Sachs Will Launch an Unprecedented Project in the Field of Digital Assets

July 10, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Investment bank Goldman Sachs has opened a new cryptocurrency business as part of its own incubator and is preparing to enter with it “further than ever before”, writes The Block referring to the job offer of a “project manager in the field of digital assets” that came to the portal.

The new division is separated from the cryptocurrency derivatives trading services offered by Goldman Sachs and will open opportunities for the bank in the field of digital assets.

“Project managers on the Digital Asset team will play an integral role in helping define both the scope and direction of the business,” it said. “In short, we’re evolving, and looking for some of the most talented individuals in the world to help us go further than ever before.”

According to sources, Goldman Sachs can plan to launch its own digital currency, similar to JPMCoin, which was introduced earlier by JPMorgan and aims to simplify international settlements with corporate clients.

Recently, Goldman Sachs CEO David Solomon hinted that his company could actually launch such a tool, especially by highlighting stablecoin and asset tokenization.

Author: Marko Vidrih