{"id":2913,"date":"2024-11-18T20:17:32","date_gmt":"2024-11-18T20:17:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2913"},"modified":"2024-11-18T20:17:32","modified_gmt":"2024-11-18T20:17:32","slug":"goldman-sachs-to-spin-out-digital-assets-platform-amid-blockchain-push","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2913","title":{"rendered":"Goldman Sachs To Spin Out Digital Assets Platform Amid Blockchain Push"},"content":{"rendered":"<div>\n<p><strong><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42010782\/goldman-sachs-expands-bitcoin-etf-holdings-to-710-million\">Goldman Sachs Group Inc<\/a>.<\/strong> NYSE: GS) is advancing its blockchain ambitions, planning to spin out its digital-assets platform into an independent company within the next 12 to 18 months.<\/p>\n<p><strong>What Happened: <\/strong>The platform aims to enable large financial institutions to create, trade, and settle financial instruments using blockchain technology, Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-11-18\/goldman-readies-plans-to-spin-out-its-digital-assets-platform\">reported<\/a>.<\/p>\n<p><strong>Mathew McDermott<\/strong>, Goldman&#8217;s global head of Digital Assets, revealed the plans, emphasizing the importance of making the platform &#8220;industry-owned&#8221; to benefit the broader market. <\/p>\n<p>The move is contingent on regulatory approval.<\/p>\n<p>Goldman is actively engaging with potential partners to enhance the platform\u2019s capabilities and explore new commercial applications. <\/p>\n<p>The first strategic partner, <strong>Tradeweb Markets Inc.<\/strong>, has already joined forces with Goldman to develop &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42047066\/goldman-sachs-to-spin-out-digital-assets-platform-amid-blockchain-push\" alt=\"Goldman\" sachs to spin out digital assets platform amid blockchain push>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Goldman Sachs Group Inc. NYSE: GS) is advancing its blockchain ambitions, planning to spin out its digital-assets platform into an independent company within the next 12 to 18 months. What Happened: The platform aims to enable large financial institutions to create, trade, and settle financial instruments using blockchain technology, Bloomberg reported. Mathew McDermott, Goldman&#8217;s global [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2913","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2913"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2913\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}