Goldman Sachs is boosting its crypto trading and tokenization offerings in response to growing demand from institutional clients. The bank is investing heavily to support these initiatives, led by Global Head of Digital Assets, Mathew McDermott. This client-driven expansion reflects the increasing need for crypto services among investors. As McDermott explains, ‘The move is a direct response to growing client demand for crypto services.’ This expansion will likely impact institutional investors by providing new trading and tokenization opportunities, potentially influencing market liquidity. The financial industry may see increased competition as newer tokenized products emerge, possibly leading to innovation within traditional finance systems. This follows historical trends in digital asset adoption, with previous efforts like bond tokenizations from banks like JPMorgan driving the growth of enterprise blockchain technology.