Goldman Sachs looking to spin out its digital assets tech platform
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:Goldman Sachs said on Monday it is looking to spin out a blockchain-based technology platform designed to streamline institutional trading and reduce settlement times. The Wall Street titan said the platform, called GS DAP, will ultimately become "industry-owned." It has partnered with rates and credit trading platform Tradeweb Markets to expand its commercial use cases. Banks have long expressed interest in using blockchain to trade assets such as cash and bonds, but to do so on a large scale
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