Crypto-Trader Schmidt Joins Goldman Sachs as Head of Digital Assets
- Responding to client interest in crypto-assets, Goldman Sachs is exploring digital asset offering
In a bid to help its clients gain greater exposure to Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, Goldman Sachs hired Justin Schmidt as head of digital asset markets, according to a report by financial industry newsletter Tearsheet.
The 38-year old former trader joins the bank's securities division in New York as a vice president, a Goldman spokesperson told Bloomberg.
“In response to client interest in various digital products, we are exploring how best to serve them in the space," bank spokeswoman Tiffany Galvin-Cohen said in a statement. "At this point, we have not reached a conclusion on the scope of our digital asset offering," she said.
Schmidt commenced his job on April 16 and previously worked at trading firms Seven Eight Capital LLC and WorldQuant LLC. He is a graduate of the Massachusetts Institute of Technology where he earned a computer science degrees, according to his LinkedIn profile.
Goldman Sachs, became one of the small number of large financial powerhouses who began to clear CME and Cboe Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term futures for its clients when these derivative products were put forward in December.
In a bid to help its clients gain greater exposure to Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, Goldman Sachs hired Justin Schmidt as head of digital asset markets, according to a report by financial industry newsletter Tearsheet.
The 38-year old former trader joins the bank's securities division in New York as a vice president, a Goldman spokesperson told Bloomberg.
“In response to client interest in various digital products, we are exploring how best to serve them in the space," bank spokeswoman Tiffany Galvin-Cohen said in a statement. "At this point, we have not reached a conclusion on the scope of our digital asset offering," she said.
Schmidt commenced his job on April 16 and previously worked at trading firms Seven Eight Capital LLC and WorldQuant LLC. He is a graduate of the Massachusetts Institute of Technology where he earned a computer science degrees, according to his LinkedIn profile.
Goldman Sachs, became one of the small number of large financial powerhouses who began to clear CME and Cboe Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term futures for its clients when these derivative products were put forward in December.