The crypto currency sector has reached another important turning point in the financial world. Goldman Sachs, the world’s second largest investment bank, included crypto assets in his annual shareholder letter for the first time in his 156 -year history. The New York -based multinational financial institution released the CEO letter before the 2025 -year -old shareholder meeting on March 14th. In the letter, which deals with the bank’s financial activities last year, Bitcoin and crypto currencies officially came to the agenda for the first time. This development revealed that the impact of the sector in financial markets has increased.

Goldman Sachs Review of Bitcoin and Altcoins

Goldman Sachs stressed that crypto currencies play an increasingly important role in financial competition in his annual report. The company pointed out that high demand for distributed book technologies transforms the structure of financial products. The Bank also said that its customers are interested in some crypto -oriented products and that their demands in this field have increased.

The crypto money market was the scene of great rise especially last year. The approval of Spot Bitcoin Stock Exchange Investment Funds (ETF) in the USA attracted a large amount of liquidity and attention to the market. In addition, former US President Donald Trump’s positive statements to the industry increased the interest in Bitcoin and Altcoins in Wall Street.

Goldman Sachs said that these developments change market sensitivity and reshape the services provided by investment banks. On the other hand, the bank also pointed out the risks of crypto currencies, said these assets are fragile against cyber attacks and other structural weaknesses.

Goldman Sachs and Crypto Coins

Goldman Sachs is actually not foreign to the crypto currency sector. In 2021, the company entered the sector by establishing a crypto processing table. In 2022, he launched the Goldman Sachs Digital Asset Platform (GS DAP) to provide crypto asset export and storage services.

Since then, the Bank has taken important steps to present Bitcoin to its customers. According to reports released in February, Goldman Sachs has Bitcoin of $ 1.27 billion through Blackrock Ishares Bitcoin Trust (IBIT). In addition, it turned out to have invested more than $ 470 million in Ethereum Spot ETFs.

In general, Goldman Sachs is known to have a positive approach to crypto currencies. CEO David Solomon describes Bitcoin as a means of value storage despite its speculative nature. The fact that crypto currencies in the Bank’s annual report confirms the increasing acceptance of these assets in the traditional financial world.