Goldman Doubles Down on Crypto—Institutional Tokenization Push Begins

Wall Street’s vampire squid just can’t quit digital assets. Goldman Sachs confirms expanded crypto trading desk operations while quietly building a blockchain-based asset tokenization platform—because why settle for mere billions when you can fractionalize everything?

The move follows JPMorgan’s lead but with a twist: Goldman’s targeting private equity stakes and real estate, converting illiquid assets into tradable tokens. Early tests show 24/7 settlement cycles slashing counterparty risk (and trimming those pesky human middlemen).

Insiders whisper the initiative could onboard $50B in traditional assets within 18 months—assuming regulators don’t remember 2008. One managing director quipped, ’We’re not betting on Bitcoin; we’re betting on bankers forgetting they called it a fraud.’