Banking firm Goldman Sachs will begin offering its first crypto-investment instruments to its customers in the second quarter of 2022. This was announced by Mary Rich, global head of digital assets.
The bank’s ultimate goal is to introduce support for a full range of digital assets through physical bitcoin, derivatives or traditional investment instruments.
Rich’s department primarily serves clients with at least $25 million in investment accounts, and she also noted the growing interest of these clients in digital assets.
“There is a contingent of clients who view this asset as protection against inflation. The macroeconomic backdrop over the last year has certainly played a role in that. There’s also a large contingent of clients who feel that we’re kind of at the dawn of the new Internet and they’re looking for ways to participate in this space,” Rich added.