On February 18, Goldman Sachs CEO David Solomon confirmed that he personally owns Bitcoin, although he described his holdings as “very, very limited.” During his speech at the World Liberty Forum in Florida, the top executive defined himself as a market observer, marking a notable shift from the public skepticism he previously maintained regarding the digital asset’s real-world utility.
This confession has a significant impact on the institutional perception of cryptocurrencies, as Solomon had previously labeled Bitcoin as a merely speculative asset. Although Goldman Sachs maintains $2.36 billion in indirect exposure through ETFs due to regulatory restrictions, the personal admission of its leader suggests an unprecedented openness within traditional investment banking toward the store-of-value narrative.
The crypto community expects potential changes in the U.S. regulatory framework that would allow major banks to custody digital assets directly on their balance sheets. Solomon emphasized that the firm will continue to bet on tokenization and blockchain technology, leaving the door open for more aggressive institutional participation if regulatory conditions evolve favorably in the coming months.
Source:https://goo.su/xpkGjTr
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