eToro, the Israeli trading platform, has launched its initial public offering (IPO) at $52 per share, which is above its earlier price range. The company collected about $620 million, and its shares are now traded on the Nasdaq under the ticker “ETOR.” This is a major milestone for the IPO market, showing increased investor confidence […]
Goldman Sachs
Goldman Sachs Revolutionizes Tokenized Treasuries Trading with 24/7 Access
Goldman Sachs plans to launch round-the-clock trading for tokenized U.S. Treasury bonds and money market funds. This plan is part of the firm’s efforts to integrate traditional financial assets with blockchain technology. Head of digital assets at Goldman Sachs, Mathew McDermott made this announcement at TOKEN2049 in Dubai. The initiative comes amid increased institutional market […]
Goldman Sachs Makes Bold Move Into Crypto With Tokenized Bonds and 24/7 Trading
Goldman Sachs plans to expand into crypto lending and tokenization, launching 3 tokenized asset projects in 2025 amid rising institutional demand.
Goldman Sachs Mentions Cryptocurrency for the First Time in Annual Letter
Goldman Sachs, the second-biggest investment bank, has recognized the impact of crypto currency in its yearly letter to shareholders for the first time in its 156-year history. The world’s second-biggest investment bank included digital currencies in its annual letter to shareholders. On March 14, the New York-based financial giant published its annual CEO letter to […]
Tether Reports Record $13B Profit, U.S. Treasury Holdings Hit $113B
Tether posts record $13B profit in 2024, U.S. Treasuries hit $113B, equity surpasses $20B, and USDT expands to Bitcoin & Lightning.
Goldman Sachs Sets Eyes on $10T Tokenization Market
Goldman Sachs became the latest fintech giant to enter the booming tokenization sector where the main focus is converting real-world assets, or rights into a digital token on a blockchain. The RWA space is rapidly gaining traction in blockchain, bridging the physical and digital realms. These initiatives target accelerating institutional adoption of digital assets, aiming […]
Goldman’s Crypto War: Defiance Against Wall Street Trends
In the ever-evolving landscape of finance, the word “crypto” has become a polarizing topic, especially among Wall Street’s titans. While some have embraced it with open arms, Goldman Sachs stands as a bastion of skepticism, refusing to budge from its negative stance. Despite competitors like BlackRock and Fidelity doubling down on crypto, Goldman Sachs, under […]
Bitcoin ETF Approval Boosts Institutional Investor Fortunes, Says Goldman Sachs
Approval of spot bitcoin exchange-traded funds (ETFs) could be an advantage to institutional investors. These ETFs offer a cost-effective proxy for trading, enabling active participation in arbitrage strategies and options hedging due to their low management fees, according to Goldman Sachs, a leading global investment bank and financial services. Some of the key benefits identified […]
Crypto Markets Enter Institutional Era: Goldman Sachs Report
2023 proved to be a breakthrough year for cryptocurrencies as it brought notable shifts that made digital assets more established and widely accepted. Goldman Sachs, a leading global investment management firm, said that the crypto market experienced expansion of regulated exchanges for complex financial products like derivatives. Platforms like Coinbase Derivatives, CBOE, Eurex, GFO-X, AsiaNext, […]
Goldman Sachs Analysis: Artificial intelligence Sector Shows Resilience
Artificial intelligence (AI) is witnessing extensive worldwide integration, as evident from the growing utilization of AI-related technologies and the upswing in AI stock values. This trend has led prominent economists to draw parallels with the late 1990s dot-com bubble, which eventually led to a market collapse. Nevertheless, Goldman Sachs takes a different stance on this […]