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Goldman Readies Plans to Spin-Out Its Digital Assets Platform

Goldman Sachs Group Inc is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large financial firms to create, trade and settle financial instruments via blockchain technology.The bank is in talks with a number of market participants on the plans as it continues to build out the platform’s capabilities and develop new commercial use cases, Mathew McDermott, Goldman’s global head of Digital Assets, said in an interview. Plans for the new co...

Read more at bloomberg.com

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