By Hassan Mehmood (Saudi Arabia)
Back in the day, when Bitcoin was doing great and was on and off to its all-time high, the adoption rate for the cryptocurrency was over the moon. That is when one of the largest investment banks in the USA, Goldman Sachs, came around adopting Bitcoin and arranging a separate desk to entertain their clients who show potential interest in Bitcoin. This desk was made responsible for making everything available to these clients in terms of resources, facilitating transactions and solving any potential complaint, or dealing with any technical anomaly they are facing.
Goldman Sachs is All Ready to Launch Ether on its Crypto Desk after Success with Bitcoin
After the success of the crypto desk launched by Goldman Sachs, the desk operations have been extended to Ethereum as well. It is not sure whether it was the constant recommendation of the clients or managers at Goldman Sachs who were so overwhelmed with the success of Bitcoin that they decided to give Ethereum a shot. Whatever the scenario might be, the silver lining is that now Ethereum will also be part of the crypto desk. Hopefully, in the future, other cryptocurrencies will be made available.
Also read:This definitely allows for the years-old ice and frost regarding the conservative approach of Goldman Sachs around the idea of crypto adoption to thaw. The investment bank has finally seen the potential of cryptocurrency and decentralization, and now they definitely want more. It is like waking up in the middle of the week on Friday only to realize that the whole week has passed, but better late than never, right? This is exactly the same that has happened here.
The managing director for digital assets at Goldman Sachs has confirmed that the bank will surely be expanding its reach towards Ether and its products in the future. According to the director, the demand for crypto in the future is only going to increase, which is why certain steps are taken to ensure that the crypto desk at Goldman Sachs offers prime cryptocurrencies to its diligent clientele.
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