Goldman Sachs Eyes Tokenized Future as Crypto Demand Grows

Goldman Sachs is preparing to scale up its involvement in digital assets, signaling a major shift in how traditional banking views crypto.

At the TOKEN2049 conference, Mathew McDermott, who leads the firm’s digital assets division, revealed that Goldman plans to expand beyond trading into crypto lending and tokenization—two areas it sees as key to staying competitive.

This move comes amid rising demand from institutional clients looking for exposure to blockchain-based financial products.

While Goldman has dabbled in crypto through private market transactions, its upcoming push will focus on creating tokenized assets and improving liquidity through blockchain-based collateral systems.

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The firm is currently navigating regulatory hurdles before launching its next wave of offerings.

Goldman’s evolving stance reflects a broader industry trend: legacy financial players increasingly recognize that ignoring digital assets may be riskier than embracing them. Voices like Eric Trump have amplified that view, warning that traditional banking systems could become obsolete without integrating crypto solutions.

Goldman isn’t alone. Morgan Stanley is reportedly preparing to expand its crypto access as well, exploring new partnerships to offer brokerage clients direct exposure to major tokens like Bitcoin and Ethereum.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.