Goldman Sachs Boosts Crypto Trading, Tokenization
By: cryptosheadlines|2025/05/02 21:15:01
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Goldman Sachs plans to expand its crypto trading, lending, and tokenization initiatives.An executive believes that regulatory clarity is vital for institutional-scale adoption of crypto.The bank is spinning out its blockchain-based GS DAP platform to drive participation.Goldman Sachs is making a bigger push into digital assets. The bank just unveiled plans to ramp up its crypto trading and invest more heavily in tokenization. That’s an industry already worth billions. Speaking at TOKEN2049 in Dubai, Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, drove home the point about the bank’s deeper dive into the crypto world. “We’re seeing more of our clients wanting to actively engage in digital assets,” McDermott told attendees while adding that the demand is pushing the investment firm to expand trading, lending, and tokenization initiatives “more aggressively.Expanding Crypto ServicesGoldman used to mostly just play in the digital asset secondary markets. This meant things like trading private equity and derivatives. Now, the bank plans to jump into crypto lending. It also aims to check out tokenized products that clients can actually use in the real world.Rules Are Key for Crypto to Grow BigMcDermott stressed that the next phase of growth hinges on one critical factor, i.e., regulatory clarity. Under former US President Joe Biden and former US SEC Chair Gary Gensler, the digital asset space has suffered due to lack of regulations. Related: Goldman Sachs’ Blockchain Spin-off: A $10 Trillion Crypto Market Catalyst?However, President Donald Trump has taken numerous pro-crypto initiatives to push for the adoption of digital assets and Bitcoin as the US’ first “crypto president.” McDermott spelled out why rules are key for getting big.“To achieve scale, you need big institutions deploying capital across a cross-section of the market. Regulation is the key that unlocks that next level.US Stablecoin Bills Might HelpIf these bills provide banks and financial institutions with clear, secure paths to adopt stablecoins, it could trigger a massive leap in adoption and utility. According to the executive, a stablecoin regulation could “accelerate the use of digital currency by big players.”It is important to note that Trump’s very own World Liberty Finance (WLF) debuted a stablecoin called USD1 in March on the Binance Smart Chain and Ethereum. The stablecoin hit mainstream headlines when it was used by UAE investment firm MGX purchased a $2 billion stake in Binance transacted entirely in USD1.Related: Binance Lands $2 Billion From MGX, Deal Done Entirely in USD1 StablecoinGoldman’s Digital Platform Going SoloMoreover, Goldman Sachs’ own digital asset system, called GS DAP, a blockchain-based system designed to reduce settlement times and streamline institutional trading, will be turned into a standalone entity. The move aims to overcome institutional hesitancy about platforms controlled by direct competitors. In partnership with Tradeweb Markets, the new independent venture will seek to offer a commercially scalable infrastructure fit for a multi-bank ecosystem.Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.Source link
You may also like

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?
How does the GENIUS Act reshape the stablecoin landscape?

Can the CLARITY Act Become Law by July 4? Everything You Need to Know About the Final Battle
The CLARITY Act has cleared a major Senate hurdle, but the hardest battle is still ahead. With the July 4 deadline approaching, can the White House finally pass its biggest crypto regulation bill? Find the clues in our exclusive analysis below.

How to exit after asset tokenization?
Currently, three models have emerged, aimed at providing instant exit routes for tokenized real-world assets. Their differences lie in: who holds the funds required for exit, how efficiently the funds operate, and the extent to which this model can be scaled across different asset types.

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?
SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.

France vs Senegal World Cup 2026: Mbappe’s New Era Begins Against a Historic Rival
France vs Senegal World Cup 2026 preview: Can Mbappe lead France past Senegal after the shocking 2002 World Cup defeat? Full team news, predicted lineups, key battles, and WEEX's exclusive match prediction.

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?
The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record
Overview of Important Market Events on June 15

What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15

If the AI bubble has already burst, who will truly remain?
What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.

Paul Graham: How to Make a Billion Dollars
Silicon Valley guru Paul Graham reveals the underlying logic of billion-dollar wealth: no need to cheat, just create products that users love intensely, allowing exponential growth to create wealth miracles.

After 18 years, blockchain has finally started to head towards the main channel
When AI becomes the new center of gravity in the capital market, the response of crypto VCs is not to stick to "Crypto-only," but to repackage crypto as the financial track, ownership layer, and autonomous system infrastructure of the AI era.

Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?
Anthropic has issued an urgent notice that Claude users may face real-name verification in July. From now on, every time you use Claude, you may need to be prepared with your ID.

On the day of SpaceX's IPO, the first real test of the three perpetual mechanisms
The price has been discovered, and the market surrounding the price is still under construction.

Value Distribution of Stablecoins
The issuance layer obtains user funds and takes the largest profit margin; the two middle layers rely on traffic, distribution commissions, and underlying infrastructure; the application layer enjoys convenience but has no bargaining power.

Galaxy Deep Dive: Is the Bitcoin Four-Year Cycle Still Valid?
Galaxy Research believes that the four-year cycle of Bitcoin is still valid, but the amplitude of the cycle is shrinking. This round's peak is milder, which means that even if the pullback continues, the bottom may be higher than the extreme levels of past cycles.

SpaceX IPO, Nvidia, and Bitcoin: Why Traders Are Watching More Than Just Crypto in 2026
Bitcoin recently plunged below $60,000 before rebounding, while SpaceX's historic IPO and Nvidia's continued AI momentum captured traders' attention worldwide. Explore why more crypto traders are looking beyond crypto in 2026 and what this shift means for emerging market opportunities.

The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.
The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?
How does the GENIUS Act reshape the stablecoin landscape?
Can the CLARITY Act Become Law by July 4? Everything You Need to Know About the Final Battle
The CLARITY Act has cleared a major Senate hurdle, but the hardest battle is still ahead. With the July 4 deadline approaching, can the White House finally pass its biggest crypto regulation bill? Find the clues in our exclusive analysis below.
How to exit after asset tokenization?
Currently, three models have emerged, aimed at providing instant exit routes for tokenized real-world assets. Their differences lie in: who holds the funds required for exit, how efficiently the funds operate, and the extent to which this model can be scaled across different asset types.
The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?
SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.
France vs Senegal World Cup 2026: Mbappe’s New Era Begins Against a Historic Rival
France vs Senegal World Cup 2026 preview: Can Mbappe lead France past Senegal after the shocking 2002 World Cup defeat? Full team news, predicted lineups, key battles, and WEEX's exclusive match prediction.
SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?
The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com





