Goldman Sachs Says It’s Open to Adding Staff to Digital Assets Team: Bloomberg

The team’s global head, Mathew McDermott, told Bloomberg the bank is “hugely supportive” of blockchain applications, and that the roughly 70-person group would hire “as appropriate” in 2023.

Last week, Hong Kong used Goldman’s private tokenization platform, GS DAP, to sell an initial group of digital green bonds. The city-state sold $102 million of the bonds and cut settlement time from five days after the trade to just one, according to Bloomberg. The digital assets group’s hiring orientation is notable given that Goldman initiated a large round of layoffs last month, cutting roughly 3,200 employees. The crypto industry has also been

NelWang The growing Web3 space is forcing entities to take notice and adapt! Adoption will start its way from the top and trickle down.

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