Goldman Sachs Says It Is Exploring the Tokenization of Real Assets

2 years ago

Camomile Shumba is simply a CoinDesk quality newsman based successful the UK. She antecedently worked arsenic an intern for Business Insider and Bloomberg News. She does not presently clasp worth successful immoderate integer currencies oregon projects.

Goldman Sachs said it is examining non-fungible tokens (NFTs) and peculiarly the "tokenization of existent assets," arsenic the concern slope dives deeper into the crypto space.

  • The metaverse wherever existent satellite assets similar existent property are bought and sold arsenic NFTs has been garnering the attraction of large names successful fiscal services and a scope of different industries.

  • "We are really exploring NFTs successful the discourse of fiscal instruments, and really determination the powerfulness is really rather powerful. So we enactment connected a fig of things," Mathew McDermott, planetary caput of integer assets astatine Goldman Sachs, said astatine the Financial Times Crypto and Digital Assets Summit connected Wednesday.

  • The slope has dived into crypto. It started offering bitcoin derivatives to investors successful 2021 and conducted its archetypal over the antagonistic crypto trade with the digital-asset fiscal institution Galaxy Digital successful March this year.

The Festival for the Decentralized World

Thursday - Sunday, June 9-12, 2022

Austin, Texas

Save a Seat Now

DISCLOSURE

The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of Digital Currency Group, which invests successful cryptocurrencies and blockchain startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.

Camomile Shumba is simply a CoinDesk quality newsman based successful the UK. She antecedently worked arsenic an intern for Business Insider and Bloomberg News. She does not presently clasp worth successful immoderate integer currencies oregon projects.

Camomile Shumba is simply a CoinDesk quality newsman based successful the UK. She antecedently worked arsenic an intern for Business Insider and Bloomberg News. She does not presently clasp worth successful immoderate integer currencies oregon projects.


Sign up for The Node, our regular newsletter bringing you the biggest crypto quality and ideas.

By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.

View source