Goldman Sachs Framework: Crypto Infrastructure Providers May Be Integrated In The Future

According to CoinDesk, Matt McDermott, global head of global resources at Goldman Sachs Global Trading, predicts that as the market grows, crypto vendors will become more competitive. He thinks banks like Goldman Sachs might struggle to grow to reach their crypto markets, and one way to be clear is through mergers and acquisitions. McDermott explains that the area has grown rapidly. The cryptocurrency industry has flourished over the past few years. Consumers now expect their big banks to develop commercial products to meet this demand. So there will always be some integration in this area. responnse.