Goldman Sachs to Separate Blockchain-Based Platform From Digital Assets Business
GSGoldman Sachs(GS) PYMNTS.com·2024-11-19 05:29

Goldman Sachs plans to spin out GS DAP, its blockchain-based platform for participants in digital capital markets, from its Digital Assets business.The financial institution plans to explore strategic opportunities to do so with the aim of GS DAP becoming an industry-owned distributed technology solution, it said in a Monday (Nov. 18) press release.“Delivering a distributed technology solution to a wide cross-section of financial market participants has the potential to redefine market connectivity, infrast ...