Investment Bank Goldman Sachs is considering launching custodially services for cryptocurrency funds. It is reported Bloomberg citing its sources.
It is assumed that the provision of such decision by a major player in the field of traditional Finance will reduce the risks for clients seeking to protect their investment from losses due to cyber attacks.
A formal offer from such companies as Goldman Sachs, would provide robust support for the cryptocurrency funds and would help to attract new investors in kriptonyte, according to sources Bloomberg. Opening of custodian service can also lead to the launch of the Bank and other services for cryptocurrencies, including initial brokerage.
Currently, the issue of opening the service for the storage of crypto-currencies continues to be discussed and no time limit on its possible launch is not set yet.
“In response to customer interest in the various digital products we are studying how best to serve them in this space. At the moment we have not yet come to a final decision on the scope of our offer in the field of digital assets,” – said the representative of Goldman Suchs in comments to Bloomberg.
We will remind that in April, Goldman Sachs hired former trader Justin Schmidt (Justin Schmidt), who became the first head of markets of digital assets in the division of securities of the company.
And in may, the Bank announced that it will use its own funds for trading futures on bitcoin on behalf of their clients.
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