Goldman Sachs eyes tokenization projects for institutional clients by year-end
Summary
Goldman Sachs plans to launch three tokenization projects by year-end, driven by increasing client demand. The projects aim to create marketplaces for tokenized assets, expedite transactions, and diversify collateral assets. The firm's involvement in the crypto sector may expand to include custodial services pending regulatory changes. The US presidential election has brought crypto to the forefront, with Biden and Trump showing differing levels of interest in the industry.
