Goldman Sachs plans to let wealthy clients invest in Bitcoin

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

Goldman Sachs Group Inc (NYSE: GS) plans to follow several of its Wall Street peers and soon begin offering exposure to digital assets like Bitcoin (CRYPTO: BTC) to its private-wealth clients, CNBC reported this morning.

The investment bank said it will offer a wide array of investments in digital assets directly through tokens, derivatives, or more traditional financial vehicles.

“There’s a contingent of clients who are looking to this asset as a hedge against inflation, and the macro backdrop over the past year has certainly played into that,” Mary Rich, Goldman’s global head of digital assets, told CNBC.

Rich added,…