Today news
About the same in other media
Goldman Sachs tokenization plans bear fruit with Digital Asset contract
Reading now: 560
finextra.comGoldman Sachs strepped up its efforts in the crypto and blockchain space last year, making Mathew McDermott, a managing director at the bank, global head of digital assets and giving him the green light to double his team's headcount.At the time, McDermott said of his new beat: "In the next five to 10 years, you could see a financial system where all assets and liabilities are native to a blockchain, with all transactions natively happening on chain.
So what you’re doing today in the physical world, you just do digitally, creating huge efficiencies."McDermott says DAML will help the bank to capture and process the full complexity of rights, obligations, and cash flows throughout the lifecycles of digitally native or tokenized traditional
. Read more on finextra.comAbout this in other media
JPMorgan poaches Goldman Sachs dealmaker to lead German ECM fnlondon.com /2 years ago
Ex-McKinsey partner hit with securities fraud charges over Goldman Sachs’ acquisition fnlondon.com /2 years ago
McKinsey partner is charged with insider trading tied to Goldman Sachs' acquisition of GreenSky cnbc.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
