Goldman Sachs will begin to provide custodial services for the cryptocurrency assets

Goldman Sachs will begin to provide custodial services for the cryptocurrency assets

According to Bloomberg, Goldman Sachs explores the possibilities and prospects of providing custodial services for the cryptocurrency assets.

Bloomberg, citing anonymous sources writes that the investment Bank is considering the creation of a secure store designed for cryptocurrency funds to protect them from hackers.

At the moment, this idea is only being discussed and the date of commencement of the services yet. The company said that exploring “a variety of digital products”.

In addition to custody services Goldman Sachs is also considering other cryptocurrency services such as brokerage services.

The news comes just a month after Coinbase has launched its own service, custodial storage, service-oriented institutions that operate on amounts over ten million dollars.

See also – Custodial service Coinbase is considering adding 37 new assets, including XRP, EOS and XMR

Although previously at Goldman Sachs largely skeptical of the cryptocurrency and even called them a bubble, in may the company said it would start operations on bitcoin futures, CME and Cboe launched at the end of last year.

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