Goldman Sachs Features Cryptocurrencies, Metaverse, Digitalization on Its Homepage

Goldman Sachs Features Cryptocurrencies, Metaverse, Digitalization on Its Homepage

Global investment bank Goldman Sachs has changed its homepage to feature cryptocurrency, the metaverse, and digitalization. “From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies,” Goldman Sachs’ landing page now says. Goldman Sachs’ Homepage Now Features Crypto and Metaverse

Goldman Sachs has updated its homepage to feature digitalization, including cryptocurrencies and the metaverse. The bank’s landing page now reads: From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies.

Below the above message is an “Explore Topic” button that leads to a bunch of resources Goldman has published on the metaverse, web 3.0, cryptocurrency, decentralized web, blockchain, and other topics relating to the digital economy. Goldman Sachs’ homepage. Source: Goldman Sachs

Many people on social media expressed their disbelief at Goldman Sachs’ move to feature crypto and the metaverse above other topics on its homepage.

Several pointed out that the global investment bank has come a long way from its original assessment of bitcoin and cryptocurrency. In May 2020, Goldman Sachs said bitcoin was not an asset class.

The bank brought back its bitcoin trading desk in March last year and saw huge institutional demand for BTC. In May, it formally established a cryptocurrency trading team and launched a derivatives trading desk for bitcoin. Goldman Sachs’ analysts said at the time that bitcoin is now considered an investable asset. In June last year, the bank expanded its cryptocurrency trading desk to include ether futures and options.

Earlier this week, Goldman Sachs executed its first over-the-counter (OTC) crypto transaction with Galaxy Digital. In January, the bank’s analysts predicted that bitcoin could reach $100,000 as the cryptocurrency continues to take gold’s market share.

As for the metaverse, Goldman Sachs said in January that it sees the metaverse as an $8 trillion opportunity. Tags in this story goldman, Goldman Sachs, goldman sachs crypto, goldman sachs cryptocurrencies, goldman sachs metaverse

What do you think about Goldman Sachs featuring crypto and the metaverse on its homepage? Let us know in the comments section below. Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. ECB Chief: Cryptocurrencies Are "Certainly" Being Used to Circumvent Russian Sanctions FEATURED | 2 days ago Report: Number of African Cryptocurrency Users up by Nearly 2,500% FEATURED | 3 days ago

Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleRussia May Accept Bitcoin for Gas Exports, Lawmaker Says Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItIndia Targets 700 Crypto Investors for Non-Payment of Taxes: Report

India"s income tax department has reportedly identified about 700 cryptocurrency investors who have failed to pay taxes on high-value crypto transactions. "We have a long list of people who were transacting in crypto assets but were not paying tax," said ... read more.Binance Explores Acquisition of Brazilian Securities Brokerage Firm Kazakhstan Shuts Down Over 100 Crypto Mining Farms Kenyans Lost $120 Million to Cryptocurrency Scams in the Past Financial Year — Government Official UAE Hospitality Brand Stella Stays Now Accepts Crypto