Goldman Sachs to join the Bitcoin (BTC) bandwagon at the behest of its customers

The U.S. investment bank and financial services company Goldman Sachs will offer Bitcoin and other cryptocurrencies to its private wealth management group.

Mary Rich, recently appointed as Vice President of Digital Assets, Private Wealth Management Consumer and Wealth Management Division at the firm, expects rollout in Q2 this year.

“We are working closely with teams across the firm to explore ways to offer thoughtful and appropriate access to the ecosystem for private wealth clients, and that is something we expect to offer in the near term.”

She didn’t specify what services the bank would offer. Instead, Rich spoke about “physical bitcoin, derivatives, or traditional investment vehicles,” leaving open a broad scope of possibilities.

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