Company Of The Day: Goldman Sachs
What?
Goldman Sachs (NYSE:GS) is expanding into trading Bitcoin futures, via a partnership with crypto investment bank Galaxy Digital. Galaxy Digital will act as Goldman’s liquidity provider for Bitcoin futures orders on CME Group.
So What?
- Trailing S&P500 By 18% Since The Start Of 2023, What To Expect From Goldman Sachs Stock?
- Down 12% In The Last Twelve Months, Where Is Goldman Sachs Stock Headed?
- What To Expect From Goldman Sachs Stock?
- Goldman Sachs Stock Is Undervalued At The Current Levels
- Goldman Sachs To Edge Past the Consensus In Q1
- Goldman Sachs Stock Is Trading Below Its Intrinsic Value
Although Goldman has been divided on the status of Bitcoin as an asset class, with a report from the bank recently noting that the crypto wasn’t a long-term store of value or an investable asset class, Goldman likely still wants to cash in on the crypto boom, considering the increasing demand for bitcoin exposure from its clients.
See Our Complete Analysis For Goldman Sachs
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