Crypto-Trader Schmidt Joins Goldman Sachs as Head of Digital Assets

[kreslik.news]

In a bid to help its clients gain greater exposure to cryptocurrencies, Goldman Sachs hired Justin Schmidt as head of digital asset markets, according to a report by financial industry newsletter Tearsheet.

The 38-year old former trader joins the bank’s securities division in New York as a vice president, a Goldman spokesperson told Bloomberg.

“In response to client interest in various digital products, we are exploring how best to serve them in the space,” bank spokeswoman Tiffany Galvin-Cohen said in a statement. “At this point, we have not reached a conclusion on the scope of our digital asset offering,” she said.

Schmidt commenced his job on ... (read more)