Goldman Sachs Ramps Up Development of New Secret Crypto Project
The listing, now live, seeks a Digital Asset Project Manager under the aegis of the bank’s GS Accelerate in-house incubator program.
In a summary of the role, the bank indicates that the future hire will be expected to “develop comprehensive road maps for distributed ledger technology (DLT) development,” “foster a deep understanding of relevant products, technology, and markets,” and “maintain and iterate a complex project planning document with multiple stakeholders.”
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While stopping short of confirming the bank could pursue a project similar in scope to JPMorgan Chase’s forthcoming JPM Coin, Solomon said that market participants must assume that all major financial institutions are looking closely at the potential of tokenization, stablecoins and frictionless payments.
I think the primary dealership system is undergoing a rehab to emphasize liquidity net concept. The proper response of the Fed is to enable digital liquidity, expand Swift into the private sector better, allow more participants to be Swift banks.
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