Goldman Sachs’ new CEO could be bitcoiner John Waldron
Goldman Sachs COO John Waldron could become the investment banking giant’s next leader, and he is talking up his banking customers’ considerable demand for bitcoin (BTC). Waldron is working on BTC-related services that he hopes will help the firm capitalize on a new regulatory regime that has seen restrictions on digital asset-supporting financial institutions lifted. Waldron wants Goldman Sachs to engage in the sector like never before. For example, the bank recently restarted its digital asset trading desk, and in early March, his team of crypto traders started dealing in BTC futures and non-deliverable forwards. A source familiar with the matter said that the firm was also looking into other blockchain-based projects and central bank digital currencies (CBDCs). Waldron has been floated as a strong candidate to replace David Solomon as Goldman Sachs’ CEO. He previously turned down a lucrative opportunity to join Apollo Global Management, opting to remain at Gol...