Cryptocurrencies have shaken up the financial structure of the global industry and the latest example of its ever-increasing influence is multinational investment banking firm, Goldman Sachs, which is reportedly working to establish a cryptocurrency trading desk.
According to a report from Bloomberg, the finance giant is currently analyzing security parameters associated with the blockchain technology and is holding discussions over the ways in which cryptocurrency assets would be processed.
Goldman Sachs' cryptocurrency desk will reportedly become operational by the end of June next year, making it the first major Wall Street firm to deal in cryptocurrencies.