The team’s global head, Mathew McDermott, told Bloomberg the bank is “hugely supportive” of blockchain applications, and that the roughly 70-person group would hire “as appropriate” in 2023.
Last week, Hong Kong used Goldman’s private tokenization platform, GS DAP, to sell an initial group of digital green bonds. The city-state sold $102 million of the bonds and cut settlement time from five days after the trade to just one, according to Bloomberg. The digital assets group’s hiring orientation is notable given that Goldman initiated a large round of layoffs last month, cutting roughly 3,200 employees. The crypto industry has also been
NelWang The growing Web3 space is forcing entities to take notice and adapt! Adoption will start its way from the top and trickle down.
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Goldman Sachs boss David Solomon warns the inflation fight is far from overGoldman Sachs boss David Solomon warns the fight against inflation is nowhere near over – because the US jobs market still looks so strong “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” It has nothing to do with the jobs market. For gods sakes. Lmao smfh only 'Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” It has nothing to do with the jobs market. For gods sakes. Lmao smfh only DavidSolomon
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