Goldman Sachs is preparing to launch a large-scale cryptocurrency project

Investment Bank Goldman Sachs is developing a cryptocurrency direction and is preparing to go with him “further than ever before.”

Documents have appeared in The Block’s editorial office that show the emergence of a new vacancy for a “project manager in the field of digital assets”. The new division of the bank will operate separately from the cryptocurrency derivatives trading services offered by Goldman Sachs. It will be for the bank to explore the opportunities and prospects in the field of digital assets.

“We are not standing still and we are constantly developing, so we are looking for talented people from all over the world who will help us to reach a completely new level,” says the vacancy text “The team of a digital asset project team will become a major figure in determining the scope and direction of the business.”

The announcement does not carry any detailed information, therefore it is premature to draw conclusions. Although according to insiders, Goldman Sachs can launch its own digital currency, similar to JPMCoin, which was previously represented
Bank JPMorgan and aims to simplify international payments with corporate clients.

Late last month, Goldman Sachs head David Solomon hinted that he did not rule out that an investment bank could launch its own digital currency. He told the French edition of Les Echos that his company is carrying out “extensive research work” in the area of ​​asset tokenization.