On March 15, according to The Block, Goldman Sachs Group mentioned cryptocurrency for the first time in its 2024 shareholder letter, stating that it is one of the important trends in the fintech field, and pointed out that emerging technologies (including cryptocurrency, distributed ledger technology, and artificial intelligence) are intensifying industry competition. Goldman Sachs acknowledged in the letter that some competitors are offering financial products including cryptocurrency, which may be more favored by customers, although Goldman Sachs has not yet formally launched related services.

In addition, since the launch of its cryptocurrency trading platform in 2021, Goldman Sachs has continued to explore the application of Block technology, and launched a digital asset platform in 2022, and also participated in the testing of the blockchain communication system Canton Network.

However, Goldman Sachs warned that distributed ledger technology and cryptocurrency are still in the early stages and may face cybersecurity risks and other potential challenges. Previously, Goldman Sachs CEO David Solomon had repeatedly stated that Bitcoin is a "speculative asset", but he also acknowledged the potential of Block technology to transform the financial system.