Goldman Sachs Expands Crypto Trading and Tokenization Efforts – Coincu

By: bitcoin ethereum news|2025/05/02 18:00:01

Goldman Sachs to expand digital assets trading and tokenization. Seeking regulatory approvals for digital asset integration. Goldman plans to engage clients in crypto lending activities. Mathew McDermott, global head of digital assets at Goldman Sachs, revealed plans to enhance the firm’s digital trading activities at TOKEN2049 on May 2. The bank seeks regulatory approvals as it explores tokenization and crypto lending. The initiative marks a strategic expansion for Goldman Sachs as client interest in digital assets grows. This could potentially shift market dynamics, further institutionalizing the digital assets sector. Goldman Sachs Targets Bitcoin, Ethereum in Tokenization Push Goldman Sachs is planning a significant expansion in its digital asset trading operations. Led by Mathew McDermott, the initiative includes increased focus on crypto lending and tokenization. This move is driven by rising client interest in actively participating in digital asset transactions. Goldman aims to secure regulatory approvals to facilitate these changes. The institution has a history in secondary market transactions involving private equity and is now exploring new horizons with tokenization and collateral liquidity businesses. The impact of this venture may be substantial. As Goldman Sachs rolls out its plans, the focus will mainly be on highly liquid assets, primarily Bitcoin (BTC) and Ethereum (ETH), as well as tokenized real-world assets. These adjustments are anticipated to appeal to institutional preferences, especially in money market fund tokenization. There is noticeable anticipation from markets and industry figures. While no direct responses from crypto thought leaders are recorded, previous institutional moves, such as those by JPMorgan and Citi, have typically driven optimism and short-term price fluctuations in major digital assets. Raoul Pal, CEO of Real Vision, has noted, “Institutional adoption is the next major wave, and tokenization of real-world assets is a trillion-dollar opportunity.” Institutional Moves Could Boost Crypto Market Cap Beyond $1.92 Trillion Did you know? The tokenization of real-world assets , like that explored by Goldman Sachs, often piques institutional interest, potentially leading to substantial inflows in DeFi protocols that support such assets. Bitcoin (BTC) is currently valued at $96,767.21, holding a market cap of $1.92 trillion according to CoinMarketCap. The asset’s influence is significant, comprising 63.81% of market dominance. Recent trading volumes reached $33.93 billion, reflecting a 17.09% increase. Over the past 30 days, BTC has ascended by 13.66%, despite a 90-day decline of 4.97%, based on May 2 data. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 09:19 UTC on May 2, 2025. Source: CoinMarketCap The Coincu research team suggests that with clearer regulations and technological advancements, the crypto landscape could witness broader institutional participation. This projection is reinforced by historical trends where institutional initiatives drive increased attention and engagement with digital assets from both market players and investors. Source: https://coincu.com/335319-goldman-sachs-crypto-expansion/

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...

Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats

"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."

Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing

Overview of Important Market Events on April 29

Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions

The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...

Dan Bin takes action, building a position in Circle

If Web3 only stays at the level of price and narrative, traditional capital will find it difficult to truly enter; but once a group of companies that can be clearly explained and included in balance sheets begins to emerge, the way the industry participates will change.

The Impossible Triangle of DeFi Lending

Borrowers want fixed interest rates, while lenders seek immediate liquidity; this is the dilemma of on-chain lending, where both cannot be achieved simultaneously.

Bitcoin ETF News: Why Bitcoin Is Falling Even After $2.43B ETF Inflows in April

Bitcoin ETF news today shows $2.43B in April inflows as institutions absorbed thousands of BTC, yet the price dropped from $79K to $76K. Traders are now watching whether the $80K resistance breaks or triggers another pullback.