To date, according to a Goldman Sachs executive cryptocurrency The force that revived the market was retail traders.
According to Reuters, Matthew McDermott, manager of Goldman Sachs, the head of global digital assets, states that companies are now starting to take action.
Goldman Sachs first established a cryptocurrency trading team in 2021, and McDermott commented on their approach, emphasizing that they are constantly improving this team.
“Last year was a challenging year, but coming into this year, we observed a significant change in transaction volume as well as customer profile.”
The Goldman Sachs executive states that the company is closely monitoring “bankruptcy claims and some other investment opportunities” in the digital asset space.
McDermott also noted that he is closely monitoring the real-world asset (RWA) tokenization industry.
“Over time, I think various asset classes will be tokenized and adopted on a real scale, and that shift will start to be seen within a year or two.”
As we reported as Koinfinans.com, Bitcoin price has lost value in the last 24 hours and is traded at $66,380. Although the price shows a slight recovery trend, it frequently approaches $ 65,000, increasing uneasiness.
