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27 July 2021

Goldman Sachs Clients Want In on the Cryptocurrency Frenzy

Goldman Sachs Clients Want In on the Cryptocurrency Frenzy


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Goldman Sachs found that 45% of the participating firms are looking into crypto assets as a hedge against inflation, which the U.S.

According to Melina Flynn, the Global Co-Head of private wealth at Goldman Sachs, many family office clients want to invest in the digital asset ecosystem and its underlying blockchain technology. .

According to Mary Callahan Erdoes, an exec at the giant investment bank, more clients view bitcoin as a viable asset class

Not everyone is convinced that crypto has matured into a viable asset class, with some financial experts expressing doubts over the long-term value of digital assets. 

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