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2021-12-09 17:00:15

Goldman Sachs CEO Sidesteps Bitcoin Inquiries, Says Blockchain Is More Important

Goldman Sachs has taken many stances on bitcoin and cryptocurrencies at large in the past, even going as far as providing trading services to its wealthier clients. However, CEO David Solomon does not seem as keen on the digital asset. In a recent interview on CNBC’s SquawkBox, the CEO sidesteps questions regarding bitcoin and his views on it. Goldman Sachs CEO Doesn’t Own Bitcoin David Solomon sat down with CNBC where the CEO shared his thoughts regarding the cryptocurrencies that are shaking up the investing space. When asked if he owned any Bitcoin or Ethereum, Solomon revealed that he did not hold either of these digital aspects, despite Goldman Sachs offering clients exposure to the market. Related Reading | Bitcoin Open Interest Takes Second Largest Dump Of 2021 The CEO explained that bitcoin has not really been on his radar nor did he know anything about the digital asset. “My view on bitcoin, for example, is that I really don’t know, but it’s really now something individually that’s important to me,” the CEO explained. Goldman Sachs had jumped on the crypto train back in May after offering investors access to non-deliverable forwards (NDFs). The firm has begun offering bitcoin NDFs at this time and then added Ethereum in June to provide wider coverage for its investors. Later that month, Goldman Sachs partnered with investment firm Galaxy Digital to trade Bitcoin Futures. When asked if he wants Goldman Sachs clien...

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