Goldman Sachs will not rely on Bakkt for a crypto custody product, but it might trade on the platform

Quick Take

  • Reports that Goldman Sachs will rely on Bakkt’s technology for its potential crypto custody product are inaccurate, The Block has learned
  • Goldman is not planning to build a crypto custody product on Bakkt
  • The investment-banking giant might trade on its platform, however. 
Wrong information can travel around the world before the truth laces up its boots, as the saying goes. And that’s certainly the case in the world of crypto, where information overload, false reports, and flat out scams are omnipresent. This week, Goldman Sachs was the latest victim of unverified crypto reports. The Abacus Journal, formerly […]

Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.

You can unlock at any time.*
No wallet? No problem. You can set one up for free.
*a 2% locking fee will be added at the time of locking.