© Reuters.
Investing.com – The bankruptcy of FTX has added a layer of doubt and risk to the crypto ecosystem when it is already struggling from several crises such as . Such events further erode investor confidence in this new digital asset environment.
It also emphasizes the need for more regulation within this sector and the need to put in place stronger structures to guarantee the sustainability of the system as a whole and to ensure the security of the capital invested by investors. .
In this sense, Goldman Sachs (NYSE: ) sees a significant investment opportunity as the sector struggles. In fact, the bank can pour millions of dollars to acquire companies that need it now.
“We see interesting opportunities, at very reasonable prices”
Goldman Sachs can thus leverage its reputation and its mastery of best practices to put its knowledge into the companies it controls. This will help bail out the crypto sector financially and help rebuild investor confidence after the bankruptcy.
“This is definitely turning the market around in terms of sentiment, there’s no doubt about that. FTX is a star child in many parts of the ecosystem. But to reiterate, the underlying technology continues to be efficient.”
As a result, the bank has seen renewed interest in its crypto services from institutional investors who are looking for stronger partners to guarantee the safety of their funds.
However, this initiative remains somewhat shy due to the size of Goldman Sachs’ usual investments, which are worth billions of dollars. At the same time, other major banks remain cautious on crypto for now.