Crypto-Positive David Solomon Confirmed as Goldman Sachs CEO

written by

Crypto-Positive David Solomon Confirmed as Goldman Sachs CEO

Support free journalists: > send a tip

David Solomon, who has publiclly discussed the financial benefits of cryptocurrency trading, has been confirmed as the next CEO of Goldman Sachs to replace Lloyd Blankfein.

Solomon has been with Goldman Sachs since 2006, working his way from the joint head of the investment banking division, to the chief operations officer in 2016. Last month, he shared the news that the New York-based investment bank was expanding its cryptocurrency services offered to clients.

As reported by Forbes, Solomon has confirmed that the firm already offer clients the option of Bitcoin futures trading as a publicly-traded derivative option. He also expressed an interest in evolving Goldman Sachs’ business and adapting the environment to better suit cryptocurrency services.

He remains cautious with these pursuits, however, admitting there is still a lot to learn about the market. Working closely alongside clients and listening to their wishes, Solomon hopes to successfully provide new cryptocurrency investment opportunities through Goldman Sachs.

A change in Goldman Sachs policies?

Blankfein was never as dismissive of Bitcoin as his Wall Street colleagues during his 12-year stint as CEO. While he had said that it was something unfamiliar and even uncomfortable for him, he described it as ”arrogant” to say widespread cryptocurrency adoption could not take place.

Goldman Sachs became one of the first Wall Street names to begin offering clients Bitcoin services, and now Blankfein has passed the baton to Solomon, it looks as though the bank may continue creating forward-thinking cryptocurrency policies.

Solomon certainly breaks the mold of what one might expect from a tradition institutional investor. In his spare time, he produces and DJs electronic dance music under the stage name DJ D-Sol. His debut single ‘Don’t Stop’ was released just last month – the man has certainly been keeping busy.

A fresh perspective from Solomon is looking to be promising for the cryptocurrency market in the field of financial institutions.


Follow on Twitter at

Telegram Alerts from at

Image Courtesy: Pixabay

Enjoyed the article?

100% of your tips go directly to [email protected]
Need a wallet? Get it here

⚡️ Tip The Author

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


Read More Bitcoin News


Join our Newsletter


Latest on Bitcoin News

Video of the Week

Join our Newsletter