Goldman Sachs Expanding Into Crypto.

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GokuMarket
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1 min readJul 29, 2021

πŸ“£ @GoldmanSachs Applied for #DeFi and Blockchain Equity #ETF

πŸ‘‰ #GoldmanSachs plans to develop an exchange-traded fund connected to the performance of companies working on blockchain and the digitization of finance.

πŸ‘‰ Company has applied to an exchange-traded fund (ETF) with the #USSecurities and Exchange Commission (#SEC) to provide exposure to the DeFi.

πŸ‘‰ The filing said Goldman Sachs would innovate DeFi and Blockchain Equity ETF to track the performance of the Solactive Decentralized Finance and Blockchain Index, a German provider of financial indices.

πŸ‘‰ The global markets Goldman plans to pick include #Australia πŸ‡¦πŸ‡Ί, #Canada πŸ‡¨πŸ‡¦, #France πŸ‡«πŸ‡·, #Germany πŸ‡©πŸ‡ͺ, #HongKong πŸ‡­πŸ‡°, #Japan πŸ‡―πŸ‡΅, #South Korea πŸ‡°πŸ‡·, #Switzerland πŸ‡¨πŸ‡­, the #Netherlands πŸ‡³πŸ‡±, the #United Kingdom πŸ‡¬πŸ‡§, and the #Unite States πŸ‡ΊπŸ‡Έ.

πŸ‘‰ The filing joins over a dozen crypto ETF applications sitting before the SEC.

Learn moreβ€¦πŸ‘‡

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