Goldman Sachs (NYSE: GS) plans to follow several of its Wall Street peers and soon begin offering exposure to digital assets like Bitcoin (CRYPTO: BTC) to its private-wealth clients, CNBC reported this morning.
The investment bank said it will offer a wide array of investments in digital assets directly through tokens, derivatives, or more traditional financial vehicles.
“There’s a contingent of clients who are looking to this asset as a hedge against inflation, and the macro backdrop over the past year has certainly played into that,” Mary Rich, Goldman’s global head of digital assets, told CNBC.