PANews reported on March 15 that according to The block, Goldman Sachs mentioned cryptocurrency in its annual shareholder letter, acknowledging its increasingly important role in financial markets and competition. Goldman Sachs said in the letter: "The growth of electronic trading and the introduction of new products and technologies, including trading and distributed ledger technologies (such as cryptocurrency) and artificial intelligence technology, have intensified competition." "In some cases, our competitors may offer financial products that we do not offer and that our customers may prefer, including cryptocurrencies and other digital assets that we cannot or may choose not to offer."

While highlighting the growing popularity of blockchain and digital assets, the company warned of potential risks, including cybersecurity breaches and market volatility. "While the popularity and application of distributed ledger technology, cryptocurrencies, and similar technologies are growing, these technologies are still in their infancy and may be vulnerable to cyberattacks or have other inherent weaknesses." The letter also warned of risks faced by the company in assisting clients with activities involving blockchain financial products, investing in related companies, and accepting digital assets as collateral.