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Goldman Sachs posted new job listing for its reported crypto project

Crypto Coin.Crypto360/Flickr

Thu, 11 Jul 2019, 06:59 am UTC

Reports of major US financial institution Goldman Sachs working on a secret project involving crypto coins have been around for a while. These would appear to have received further validation thanks to the new job posting that the bank has put out. It is basically looking for someone who will lead the project that involves the development and management of digital assets.

The position is now posted over at the Goldman Sachs website titled “GS Accelerate - Digital Asset Project Manager.” GS Accelerate is the bank’s incubator program and so the fact that it is now looking for a manager for its digital asset project could only mean that it is stepping up its crypto development. This is made even more obvious by its descriptions, one of which is to “Develop comprehensive road maps for distributed ledger technology (DLT) development.”

Other parts of the job description were quite telling, as well. These include how the manager will “foster a deep understanding of relevant products, technology, and markets,” as well as to “maintain and iterate a complex project planning document with multiple stakeholders.”

Interestingly enough, the position was filed under the securities division, Cointelegraph points out. This, combined with the details of the job in the description, undeniably points to the direction of a crypto project.

The fact that the job will place the applicant under the GS Accelerate program further underscores just how fast Goldman Sachs wants to get started with this project. This reflects the urgency with which the bank is viewing the initiative.

On that note, no official statements or details have been released with regards to exactly what Goldman Sachs is working on. As of now, reports regarding the supposed crypto project are the results of conjunctions and investigative assumptions.

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