Goldman Sachs, a leading global investment banking, securities and management firm providing a wide range of financial services to a substantial and diversified client base, is rumored to be considering the launching of the direct Bitcoin trading service.
As detailed by wsj.com, Goldman Sachs would open a whole new marketplace for investors.
In response to client interest in digital currencies we are exploring how best to serve them in this space.
Goldman Sachs spokeswoman
Letting alone the client interest, Goldman Sachs also looks to benefit from the inherent volatility present within the cryptocurrency markets: the traditional markets have been less volatile lately, so the investment banks like Goldman have posted sluggish revenues from their trading operations. As cryptocoinsnews.com speculates, though the dramatic price swings within the crypto markets intimidate many investors, professional traders view this volatility as an opportunity to reap significant gains.