TechFlow news: The global head of Goldman Sachs' digital assets said blockchain asset trading volume is expected to grow significantly over the next one to two years. Meanwhile, Goldman Sachs has noted increasing client interest in crypto derivatives trading, and the market anticipates that U.S. securities regulators will soon approve applications for Bitcoin ETFs.
McDermott stated that he remains focused on developing digital assets, including issuing blockchain-based tokens representing traditional assets. He believes blockchain technology can improve operational and settlement efficiency while reducing financial market risks.
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