Goldman Sachs is reportedly considering a crypto custody service

posted 10 months ago
Having launched Bitcoin futures trading in May, Goldman Sachs is now reportedly pondering the launch of a cryptocurrency custody service. The investment bank is mulling the creation of a secure storage service aimed at crypto funds to help protect them against the risk of hacking.

The possibility is still being discussed and a launch date is not certain. The banking group said, while it is investigating "various digital products," it hasn't yet made a decision on any product offering. The service could eventually help Goldman Sachs open up other crypto-focused services, such as a brokerage.
Tags: bitcoin, news