Which cryptocurrencies are recommended by Goldman Sachs funds?

3 answers

• Dec 18, 2021 · 3 years ago
  Goldman Sachs has not publicly disclosed a specific list of cryptocurrencies that are recommended by their funds. However, it is known that Goldman Sachs has been exploring the potential of cryptocurrencies and blockchain technology. They have invested in companies like Circle and Coinbase, which are involved in the cryptocurrency industry. It is likely that Goldman Sachs funds may have exposure to cryptocurrencies indirectly through investments in companies related to the crypto space.
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• Dec 18, 2021 · 3 years ago
  While Goldman Sachs has not publicly disclosed their recommended cryptocurrencies, it is important to note that their involvement in the cryptocurrency industry is a positive sign for the overall legitimacy and potential of digital currencies. The fact that a reputable financial institution like Goldman Sachs is exploring and investing in this space indicates that cryptocurrencies are gaining recognition and acceptance in the mainstream financial world.
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• Dec 18, 2021 · 3 years ago
  As an expert at BYDFi, a digital currency exchange, I can tell you that Goldman Sachs funds do not openly recommend specific cryptocurrencies. However, it is worth considering that Bitcoin and Ethereum, as the two largest and most established cryptocurrencies, are likely to be on the radar of institutional investors like Goldman Sachs. These cryptocurrencies have a track record of stability and have gained significant adoption and recognition in the industry. Additionally, other cryptocurrencies with strong use cases and partnerships, such as Ripple and Litecoin, may also be considered by institutional investors.
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