JUSTIN SCHMIDT

GOLDMAN SACHS

City
New York
Category
Alternative Investment Advisers
Company Size
International

Eyebrows were raised when Goldman Sachs hired former hedge fund quant trader Justin Schmidt to head up its new digital assets offering. Goldman is understandably reluctant to usher private wealth clients towards crypto at this time but, behind the scenes, movements are being made. Schmidt is tasked with balancing burgeoning client demand for cryptocurrencies without (at least for now) trading the popular tokens, like bitcoin and ethereum. Goldman Sachs confirmed to Spear’s that plans are in place to continue, ‘exploring how best to serve [clients] in this space’ and Schmidt will play a major role in Goldman’s highly anticipated decision of how (and indeed, if) they trade crypto in the years ahead.

Justin Schmidt
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