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Goldman Sachs Crypto Hire Justin Schmidt Joins

Experienced crypto professional joins Goldman Sachs, signaling institutional interest in digital assets.

On September 6, 2018, Justin Schmidt, a cryptocurrency and blockchain industry professional, joined Goldman Sachs to work on digital asset strategies. Analysts observed that hiring specialists like Schmidt indicated continued institutional interest in cryptocurrency, even as public-facing trading desks experienced delays.

Media coverage highlighted his expertise in blockchain technology, investment strategies, and regulatory compliance, portraying the move as an internal preparation for eventual entry into digital asset markets. The hiring underscored the gradual integration of blockchain knowledge within traditional financial institutions, preparing them for potential products such as ETFs, custody solutions, and derivative offerings.Industry observers noted that such internal developments often precede broader public adoption announcements, highlighting how behind-the-scenes expertise builds readiness for regulated cryptocurrency engagement.